Erie County Housing Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,765 | 82,551 | −14,786 | 62.8 | 12% |
| 2021 | 66,412 | 79,441 | −13,029 | 63.3 | 13% |
| 2022 | 77,676 | 98,857 | −21,181 | 48.3 | 0% |
| 2023 | 75,797 | 94,112 | −18,315 | 48.4 | 0% |
| 2024 | 99,575 | 94,190 | 5,385 | 49.1 | 7% |
In its most recent public year (2024), this organization brought in $5,385 more than it spent. Its reserves stood at about 49.1 months of spending, down from 62.8 in 2020. Staff pay was 7% 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 2024. 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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