Fairham Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 183,346 | 164,482 | 18,864 | 91.0 | 33% |
| 2021 | 158,172 | 162,760 | −4,588 | 91.6 | 34% |
| 2022 | 147,476 | 155,627 | −8,151 | 95.2 | 31% |
| 2023 | 146,261 | 252,028 | −105,767 | 53.7 | 17% |
| 2024 | 120,606 | 175,883 | −55,277 | 73.2 | 25% |
In its most recent public year (2024), this organization spent $55,277 more than it brought in. Its reserves stood at about 73.2 months of spending, down from 91 in 2020. Staff pay was 25% of spending. $1,347,500 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 2024. 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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