Southern Indiana Community Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,927,994 | 919,415 | 5,008,579 | 65.5 | 0% |
| 2020 | 1,560,283 | 1,422,016 | 138,267 | 43.5 | 0% |
| 2021 | 616,821 | 2,382,951 | −1,766,130 | 17.1 | 0% |
| 2022 | 816,463 | 1,191,008 | −374,545 | 30.4 | 0% |
| 2023 | 817,757 | 1,070,525 | −252,768 | 31.0 | 0% |
In its most recent public year (2023), this organization spent $252,768 more than it brought in. Its reserves stood at about 31 months of spending, down from 65.5 in 2019. Staff pay was 0% of spending. $605,756 of its net assets are donor-restricted.
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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