Covering House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,090 | 8,888 | 90,202 | 130.4 | — |
| 2012 | 165,641 | 39,695 | 125,946 | 70.3 | — |
| 2013 | 270,378 | 208,184 | 62,194 | 17.0 | 56% |
| 2014 | 475,409 | 519,250 | −43,841 | 5.8 | 64% |
| 2015 | 632,268 | 640,591 | −8,323 | 4.5 | 78% |
| 2016 | 722,029 | 674,689 | 47,340 | 5.2 | 68% |
| 2017 | 821,575 | 730,182 | 91,393 | 6.3 | 70% |
| 2018 | 958,504 | 960,086 | −1,582 | 4.8 | 71% |
| 2019 | 1,284,622 | 1,165,637 | 118,985 | 9.3 | 71% |
| 2020 | 1,820,973 | 1,078,907 | 742,066 | 18.3 | 79% |
| 2021 | 1,953,230 | 1,206,397 | 746,833 | 22.3 | 74% |
| 2022 | 1,826,790 | 1,421,490 | 405,300 | 22.3 | 75% |
| 2023 | 2,496,545 | 1,482,035 | 1,014,510 | 29.6 | 79% |
In its most recent public year (2023), this organization brought in $1,014,510 more than it spent. Its reserves stood at about 29.6 months of spending, down from 130.4 in 2011. Staff pay was 79% of spending. $340,475 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Covering House's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works