Houstons Capital Investing In Development & Employment Of Adults
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 255,752 | 319,697 | −63,945 | 12.2 | 28% |
| 2016 | 1,696,296 | 1,465,504 | 230,792 | 4.5 | 25% |
| 2017 | 444,201 | 845,143 | −400,942 | 4.7 | 39% |
| 2018 | 904,302 | 847,300 | 57,002 | 5.5 | 33% |
| 2019 | 893,517 | 1,076,469 | −182,952 | 2.3 | 26% |
| 2020 | 1,281,554 | 1,102,753 | 178,801 | 6.9 | 37% |
| 2021 | 2,217,436 | 2,248,890 | −31,454 | 3.2 | 36% |
| 2022 | 2,336,427 | 1,936,944 | 399,483 | 6.2 | 42% |
| 2023 | 2,580,725 | 2,015,680 | 565,045 | 9.3 | 45% |
In its most recent public year (2023), this organization brought in $565,045 more than it spent. Its reserves stood at about 9.3 months of spending, down from 12.2 in 2015. Staff pay was 45% of spending. $614,629 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
Houstons Capital Investing In Development & Employment Of Adults's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works