Household Goods Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,160,914 | 1,988,646 | 1,172,268 | 21.6 | 13% |
| 2021 | 3,641,820 | 3,018,700 | 623,120 | 16.7 | 9% |
| 2022 | 3,911,848 | 3,696,220 | 215,628 | 14.2 | 8% |
| 2023 | 4,117,764 | 4,124,713 | −6,949 | 12.8 | 8% |
In its most recent public year (2023), this organization spent $6,949 more than it brought in. Its reserves stood at about 12.8 months of spending, down from 21.6 in 2020. Staff pay was 8% of spending. $99,502 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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