Older American Housing In Spotswood Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,318,169 | 1,392,931 | −74,762 | 30.3 | 23% |
| 2020 | 1,267,149 | 1,396,344 | −129,195 | 29.1 | 26% |
| 2021 | 1,306,208 | 1,460,252 | −154,044 | 26.6 | 25% |
| 2022 | 1,595,059 | 1,684,206 | −89,147 | 23.1 | 23% |
| 2023 | 1,550,346 | 1,895,151 | −344,805 | 18.4 | 21% |
In its most recent public year (2023), this organization spent $344,805 more than it brought in. Its reserves stood at about 18.4 months of spending, down from 30.3 in 2019. Staff pay was 21% 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
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