Falcon Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 496,550 | 604,853 | −108,303 | 62.7 | 0% |
| 2021 | 481,515 | 678,605 | −197,090 | 52.4 | 0% |
| 2022 | 466,133 | 608,364 | −142,231 | 55.6 | 0% |
| 2023 | 578,531 | 684,103 | −105,572 | 47.6 | 0% |
In its most recent public year (2023), this organization spent $105,572 more than it brought in. Its reserves stood at about 47.6 months of spending, down from 62.7 in 2020. Staff pay was 0% of spending. $4,812,100 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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