Rural Housing For The Elderly Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 694,000 | 754,968 | −60,968 | -36.0 | 14% |
| 2022 | 672,014 | 782,137 | −110,123 | -36.4 | 10% |
| 2023 | 671,774 | 931,246 | −259,472 | -33.9 | 13% |
| 2024 | 702,632 | 854,377 | −151,745 | -39.1 | 14% |
In its most recent public year (2024), this organization spent $151,745 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.1 months), down from -36 in 2021. Staff pay was 14% 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 2024. 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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