The Home Ownership Center Of Greater Cincinnati Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,662,296 | 1,264,169 | 398,127 | 24.9 | 56% |
| 2012 | 1,262,804 | 1,340,883 | −78,079 | 22.8 | 57% |
| 2013 | 1,246,337 | 1,303,177 | −56,840 | 23.0 | 56% |
| 2014 | 898,521 | 1,228,107 | −329,586 | 21.1 | 56% |
| 2015 | 756,300 | 1,001,221 | −244,921 | 23.0 | 52% |
| 2016 | 657,968 | 1,494,811 | −836,843 | 8.7 | 29% |
| 2017 | 894,535 | 831,059 | 63,476 | 16.5 | 52% |
| 2018 | 845,814 | 777,640 | 68,174 | 18.7 | 49% |
| 2019 | 557,848 | 741,622 | −183,774 | 16.7 | 53% |
| 2020 | 721,165 | 814,302 | −93,137 | 13.8 | 50% |
| 2021 | 867,054 | 816,906 | 50,148 | 14.5 | 54% |
| 2022 | 653,095 | 674,756 | −21,661 | 17.2 | 60% |
| 2023 | 921,649 | 635,151 | 286,498 | 22.1 | 57% |
In its most recent public year (2023), this organization brought in $286,498 more than it spent. Its reserves stood at about 22.1 months of spending, down from 24.9 in 2011. Staff pay was 57% of spending. $275,070 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
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