Operating record

Fidelity House Inc

Lawrence, MA · EIN 04-2499679 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$29,760,830$28,356,021$1,404,8093.356%
2021$32,111,822$29,401,570$2,710,2524.356%
2022$35,056,835$33,429,192$1,627,6434.255%
2023$36,774,471$35,181,302$1,593,1694.655%

In its most recent public year (2023), this organization brought in $1,593,169 more than it spent. Its reserves stood at about 4.6 months of spending, up from 3.3 in 2020. Staff pay was 55% of spending. $175,350 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 ↗