Simpson Housing Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,223,366 | 9,482,830 | 740,536 | 7.3 | 42% |
| 2021 | 11,738,483 | 10,467,614 | 1,270,869 | 8.0 | 42% |
| 2022 | 12,299,851 | 10,279,860 | 2,019,991 | 10.5 | 43% |
| 2023 | 11,169,254 | 11,159,537 | 9,717 | 9.8 | 42% |
In its most recent public year (2023), this organization brought in $9,717 more than it spent. Its reserves stood at about 9.8 months of spending, up from 7.3 in 2020. Staff pay was 42% of spending. $2,078,025 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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