Housing Opportunities Made Equal Of Greater Cincinnati Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 864,396 | 859,573 | 4,823 | 4.2 | 58% |
| 2020 | 1,116,291 | 997,718 | 118,573 | 5.0 | 54% |
| 2021 | 1,131,404 | 1,086,405 | 44,999 | 5.1 | 56% |
| 2022 | 1,148,007 | 1,108,510 | 39,497 | 5.4 | 56% |
| 2023 | 1,372,445 | 1,349,130 | 23,315 | 4.7 | 54% |
In its most recent public year (2023), this organization brought in $23,315 more than it spent. Its reserves stood at about 4.7 months of spending. Staff pay was 54% 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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