The Houston Friendship Circle Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 130,142 | 120,186 | 9,956 | 0.1 | — |
| 2016 | 404,227 | 373,946 | 30,281 | 1.0 | 7% |
| 2017 | 418,093 | 289,303 | 128,790 | 6.6 | 9% |
| 2018 | 296,059 | 362,098 | −66,039 | 3.1 | 8% |
| 2019 | 284,301 | 272,500 | 11,801 | 4.7 | 11% |
| 2020 | 213,892 | 276,529 | −62,637 | 1.9 | 14% |
| 2021 | 209,207 | 261,390 | −52,183 | -0.4 | 27% |
| 2022 | 230,758 | 248,332 | −17,574 | -1.3 | 29% |
In its most recent public year (2022), this organization spent $17,574 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 0.1 in 2015. Staff pay was 29% 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 2022. 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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