Narragansett Affordable Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,851 | 156,363 | −110,512 | 55.2 | 33% |
| 2012 | −306,236 | 204,056 | −510,292 | 12.3 | 0% |
| 2013 | 43,738 | 101,745 | −58,007 | 17.7 | 33% |
| 2014 | 65,367 | 86,209 | −20,842 | 18.0 | 36% |
| 2015 | 86,365 | 141,621 | −55,256 | 6.3 | 20% |
| 2016 | 75,500 | 125,253 | −49,753 | 2.3 | 47% |
| 2017 | 92,232 | 106,985 | −14,753 | 1.1 | 35% |
| 2018 | 94,697 | 108,982 | −14,285 | -0.5 | 37% |
| 2019 | 99,257 | 106,758 | −7,501 | -1.4 | 38% |
| 2020 | 122,529 | 126,145 | −3,616 | -1.5 | 44% |
| 2021 | 126,066 | 115,933 | 10,133 | -4.7 | 43% |
| 2022 | 128,746 | 118,555 | 10,191 | -3.6 | 40% |
| 2023 | 123,589 | 135,293 | −11,704 | -4.2 | 44% |
In its most recent public year (2023), this organization spent $11,704 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from 55.2 in 2011. Staff pay was 44% 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
Narragansett Affordable Housing 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