everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Centre For Home Ownership & Economic Development Corporation I

Hillsboro, NC / EIN 27-2691355 / Form 990 / latest filing 2022
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2013539,962339,145200,8177.930%
2014474,616459,73414,8826.246%
2015433,534478,600−45,0664.822%
2016942,569690,934251,6357.948%
2017715,317733,981−18,6647.151%
2018570,837643,344−72,5076.718%
2019506,914591,373−84,4595.618%
2020694,006706,627−12,6214.527%
2021642,719602,03140,6886.132%
20221,111,973764,268347,70510.234%

In its most recent public year (2022), this organization brought in $347,705 more than it spent. Its reserves stood at about 10.2 months of spending, up from 7.9 in 2013. Staff pay was 34% of spending. $486,588 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 2022. 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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