Poinsett House Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,173 | 194,247 | −32,074 | -21.9 | 10% |
| 2012 | 165,361 | 228,501 | −63,140 | -22.0 | 10% |
| 2013 | 171,646 | 234,109 | −62,463 | -24.6 | 10% |
| 2014 | 167,929 | 199,628 | −31,699 | -30.8 | 6% |
| 2015 | 176,187 | 230,375 | −54,188 | -29.5 | 9% |
| 2016 | 156,290 | 260,486 | −104,196 | -30.9 | 20% |
| 2017 | 167,480 | 229,749 | −62,269 | -38.3 | 15% |
| 2018 | 172,359 | 262,841 | −90,482 | -37.6 | 12% |
| 2019 | 194,248 | 234,730 | −40,482 | -44.2 | 11% |
| 2020 | 204,411 | 252,556 | −48,145 | -43.3 | 18% |
| 2021 | 220,356 | 309,666 | −89,310 | -38.8 | 12% |
| 2022 | 217,680 | 263,210 | −45,530 | -47.7 | 10% |
| 2023 | 227,623 | 308,883 | −81,260 | -43.8 | 10% |
In its most recent public year (2023), this organization spent $81,260 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-43.8 months), down from -21.9 in 2011. Staff pay was 10% 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 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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