Pennyrile Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,178 | 121,981 | 58,197 | -4.5 | 5% |
| 2021 | 72,295 | 68,409 | 3,886 | -7.3 | 24% |
| 2022 | 1,561 | 824 | 737 | -593.4 | 0% |
| 2023 | 1,762 | 1,709 | 53 | -285.7 | 0% |
In its most recent public year (2023), this organization brought in $53 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-285.7 months), down from -4.5 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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