Acts 1 And 8 Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 197,642 | 192,528 | 5,114 | 1.2 | — |
| 2022 | 468,345 | 377,791 | 90,554 | 3.2 | 52% |
| 2023 | 522,605 | 504,242 | 18,363 | 1.5 | 46% |
In its most recent public year (2023), this organization brought in $18,363 more than it spent. Its reserves stood at about 1.5 months of spending. Staff pay was 46% 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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