Rainbow Homes Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 426,038 | 416,014 | 10,024 | -2.3 | 53% |
| 2012 | 476,706 | 476,664 | 42 | -2.0 | 57% |
| 2013 | 563,511 | 558,264 | 5,247 | -1.6 | 57% |
| 2014 | 608,815 | 631,742 | −22,927 | -1.9 | 55% |
| 2015 | 622,753 | 648,485 | −25,732 | -2.3 | 60% |
| 2016 | 571,092 | 588,604 | −17,512 | -2.9 | 59% |
| 2017 | 663,517 | 623,026 | 40,491 | -2.0 | 59% |
| 2018 | 665,916 | 648,340 | 17,576 | -1.6 | 60% |
| 2019 | 675,099 | 659,576 | 15,523 | -1.5 | 58% |
| 2020 | 723,823 | 714,666 | 9,157 | -1.2 | 56% |
| 2021 | 654,174 | 690,903 | −36,729 | -0.4 | 58% |
| 2022 | 563,374 | 660,560 | −97,186 | -2.2 | 67% |
| 2023 | 762,274 | 728,646 | 33,628 | -1.3 | 67% |
In its most recent public year (2023), this organization brought in $33,628 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months). Staff pay was 67% 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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