Progressive Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,435,288 | 13,515,050 | −79,762 | 0.0 | 51% |
| 2013 | 13,728,264 | 13,180,124 | 548,140 | 0.5 | 51% |
| 2014 | 13,797,063 | 13,614,790 | 182,273 | 0.7 | 54% |
| 2015 | 13,399,322 | 14,325,307 | −925,985 | -0.1 | 54% |
| 2016 | 8,357,979 | 13,549,878 | −5,191,899 | -4.7 | 56% |
| 2017 | 12,175,541 | 12,867,022 | −691,481 | -5.6 | 57% |
| 2018 | 20,276,981 | 11,388,925 | 8,888,056 | 3.0 | 59% |
| 2019 | 13,241,777 | 12,543,676 | 698,101 | 3.4 | 61% |
| 2020 | 15,084,616 | 14,019,171 | 1,065,445 | 3.9 | 61% |
| 2021 | 16,441,899 | 14,262,508 | 2,179,391 | 5.7 | 60% |
| 2022 | 16,511,202 | 14,479,127 | 2,032,075 | 7.3 | 61% |
| 2023 | 17,663,533 | 16,827,282 | 836,251 | 6.9 | 60% |
In its most recent public year (2023), this organization brought in $836,251 more than it spent. Its reserves stood at about 6.9 months of spending, up from 0 in 2012. Staff pay was 60% 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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