North East Housing Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 16,425 | 16,269 | 156 | 0.1 | — |
| 2016 | 30,341 | 6,625 | 23,716 | 43.2 | — |
| 2017 | 65,285 | 29,474 | 35,811 | 19.9 | — |
| 2019 | 87,299 | 139,416 | −52,117 | -2.1 | — |
| 2021 | 1,200,112 | 790,639 | 409,473 | 3.8 | 64% |
| 2022 | 3,163,612 | 2,899,722 | 263,890 | 18.1 | 35% |
In its most recent public year (2022), this organization brought in $263,890 more than it spent. Its reserves stood at about 18.1 months of spending, up from 0.1 in 2015. Staff pay was 35% of spending. $375,000 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 2022. 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
North East Housing Initiative Inc's IRS filings as a feed — one entry per filing year, through 2022. 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