Mich Interfaith Housing Corp Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 434,329 | 452,445 | −18,116 | -7.6 | 11% |
| 2012 | 444,626 | 457,131 | −12,505 | -7.8 | 10% |
| 2013 | 419,641 | 445,627 | −25,986 | -8.7 | 10% |
| 2014 | 443,593 | 442,135 | 1,458 | -8.8 | 11% |
| 2015 | 432,659 | 441,596 | −8,937 | -9.0 | 12% |
| 2016 | 427,037 | 460,033 | −32,996 | -9.5 | 13% |
| 2017 | 439,471 | 434,249 | 5,222 | -9.9 | 14% |
| 2018 | 447,624 | 464,154 | −16,530 | -9.7 | 14% |
| 2019 | 467,952 | 432,385 | 35,567 | -9.5 | 15% |
| 2020 | 463,682 | 465,604 | −1,922 | -8.8 | 14% |
| 2021 | 454,071 | 466,968 | −12,897 | -9.1 | 15% |
| 2022 | 445,307 | 492,746 | −47,439 | -9.6 | 16% |
| 2023 | 497,361 | 493,811 | 3,550 | -9.4 | 15% |
In its most recent public year (2023), this organization brought in $3,550 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.4 months), down from -7.6 in 2011. Staff pay was 15% 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
Mich Interfaith Housing Corp Inc'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