Independent Housing I Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,490,091 | 3,410,132 | 79,959 | 19.0 | 0% |
| 2021 | 3,722,030 | 3,211,799 | 510,231 | 22.0 | 0% |
| 2022 | 3,924,583 | 3,184,315 | 740,268 | 25.0 | 0% |
| 2023 | 4,038,517 | 3,368,409 | 670,108 | 26.0 | 0% |
In its most recent public year (2023), this organization brought in $670,108 more than it spent. Its reserves stood at about 26 months of spending, up from 19 in 2020. Staff pay was 0% 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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