Caritas Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,931,328 | 373,972 | 1,557,356 | 140.6 | 0% |
| 2021 | 8,106,484 | 241,372 | 7,865,112 | 608.9 | 0% |
| 2022 | 71,843 | 263,352 | −191,509 | 549.4 | 0% |
| 2023 | 498,994 | 265,484 | 233,510 | 555.5 | 0% |
In its most recent public year (2023), this organization brought in $233,510 more than it spent. Its reserves stood at about 555.5 months of spending, up from 140.6 in 2020. Staff pay was 0% of spending.
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
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