Independent Housing Inc 1700 Pasewalk Ave
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 697,738 | 634,508 | 63,230 | 51.4 | 10% |
| 2022 | 688,049 | 778,460 | −90,411 | 40.5 | 8% |
| 2023 | 732,236 | 808,730 | −76,494 | 37.9 | 8% |
In its most recent public year (2023), this organization spent $76,494 more than it brought in. Its reserves stood at about 37.9 months of spending, down from 51.4 in 2021. Staff pay was 8% 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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