Merit Housing Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,896 | 9,959 | 53,937 | 787.0 | 0% |
| 2012 | 37,860 | 9,973 | 27,887 | 819.5 | 0% |
| 2013 | 51,256 | 9,052 | 42,204 | 958.8 | 0% |
| 2014 | 203,337 | 10,107 | 193,230 | 1088.1 | 0% |
| 2015 | 205,388 | 9,098 | 196,290 | 1467.7 | 0% |
| 2016 | 160,840 | 9,118 | 151,722 | 1664.2 | 0% |
| 2017 | 151,103 | 8,874 | 142,229 | 1902.2 | 0% |
| 2018 | 335,263 | 10,779 | 324,484 | 1927.3 | 0% |
| 2019 | 210,286 | 8,503 | 201,783 | 2728.0 | 0% |
| 2020 | 186,145 | 8,615 | 177,530 | 2939.8 | 0% |
| 2021 | 261,531 | 8,706 | 252,825 | 3257.5 | 0% |
| 2022 | 227,693 | 8,915 | 218,778 | 3475.6 | 0% |
| 2023 | 1,630,392 | 6,677 | 1,623,715 | 7576.4 | 0% |
In its most recent public year (2023), this organization brought in $1,623,715 more than it spent. Its reserves stood at about 7576.4 months of spending, up from 787 in 2011. 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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