Friendship House Iii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,878,647 | 2,603,980 | 274,667 | -5.7 | 0% |
| 2013 | 2,866,983 | 2,982,191 | −115,208 | -5.5 | 0% |
| 2014 | 2,691,512 | 2,966,149 | −274,637 | -6.6 | 0% |
| 2015 | 2,881,298 | 2,896,651 | −15,353 | -6.8 | 0% |
| 2016 | 3,002,689 | 2,754,558 | 248,131 | -6.1 | 0% |
| 2017 | 3,025,209 | 2,935,184 | 90,025 | -5.3 | 0% |
| 2018 | 3,138,002 | 3,712,843 | −574,841 | -6.1 | 0% |
| 2019 | 3,159,621 | 2,848,689 | 310,932 | -6.6 | 0% |
| 2020 | 3,062,039 | 2,959,421 | 102,618 | -6.0 | 0% |
| 2021 | 3,039,105 | 2,884,508 | 154,597 | -5.5 | 0% |
| 2022 | 2,980,491 | 3,023,006 | −42,515 | -5.4 | 0% |
| 2023 | 3,139,638 | 2,434,867 | 704,771 | -3.2 | 0% |
In its most recent public year (2023), this organization brought in $704,771 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.2 months), up from -5.7 in 2012. 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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