Faith Housing New Hope Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 212,026 | 339,995 | −127,969 | -45.3 | 0% |
| 2013 | 217,421 | 368,899 | −151,478 | -46.7 | 0% |
| 2014 | 235,266 | 403,106 | −167,840 | -47.7 | 0% |
| 2015 | 248,536 | 396,891 | −148,355 | -53.0 | 0% |
| 2016 | 283,715 | 399,552 | −115,837 | -56.1 | 0% |
| 2017 | 283,500 | 458,857 | −175,357 | -53.4 | 0% |
| 2018 | 315,943 | 400,898 | −84,955 | -63.7 | 0% |
| 2019 | 316,112 | 485,634 | −169,522 | -56.8 | 0% |
| 2020 | 309,791 | 437,606 | −127,815 | -66.5 | 0% |
| 2021 | 323,377 | 447,977 | −124,600 | -68.3 | 0% |
| 2022 | 508,613 | 482,965 | 25,648 | -62.7 | 0% |
| 2023 | 310,103 | 487,641 | −177,538 | -66.5 | 0% |
In its most recent public year (2023), this organization spent $177,538 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-66.5 months), down from -45.3 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
Faith Housing New Hope Apartments's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works