everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Southwest Housing Solutions Corporation

Detroit, MI / EIN 38-2324335 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201112,931,7517,469,0265,462,72530.429%
201213,476,0199,087,9554,388,06433.634%
201310,287,6469,235,2631,052,38333.837%
201411,091,3668,793,4942,297,87239.514%
20158,538,6509,867,980−1,329,33033.615%
20169,457,21012,210,027−2,752,81722.412%
20177,861,31610,629,514−2,768,19827.313%
20184,288,6976,111,090−1,822,39356.822%
20194,844,1424,713,794130,34871.626%
20205,216,3194,970,230246,08967.126%
20217,315,9365,697,3151,618,62157.423%
20224,551,5294,383,812167,71768.029%
20236,610,0995,028,3461,581,75364.232%

In its most recent public year (2023), this organization brought in $1,581,753 more than it spent. Its reserves stood at about 64.2 months of spending, up from 30.4 in 2011. Staff pay was 32% of spending. $2,032,693 of its net assets are donor-restricted.

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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