Solace House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 280,638 | 164,404 | 116,234 | 9.7 | 18% |
| 2016 | 210,054 | 299,024 | −88,970 | 1.7 | 0% |
| 2017 | 426,209 | 356,228 | 69,981 | 3.8 | 24% |
| 2018 | 405,898 | 491,330 | −85,432 | 0.7 | 33% |
| 2019 | 497,452 | 537,434 | −39,982 | -0.2 | 51% |
| 2020 | 595,926 | 572,460 | 23,466 | 0.3 | 54% |
| 2021 | 575,020 | 571,161 | 3,859 | 0.0 | 52% |
| 2022 | 605,253 | 561,615 | 43,638 | 0.7 | 62% |
| 2023 | 546,404 | 608,395 | −61,991 | -0.5 | 66% |
In its most recent public year (2023), this organization spent $61,991 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), down from 9.7 in 2015. Staff pay was 66% 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
Solace House Inc'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