Mount Carmel Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,032,005 | 945,434 | 86,571 | 6.1 | 6% |
| 2012 | 860,685 | 850,115 | 10,570 | 6.9 | 15% |
| 2013 | 862,643 | 794,655 | 67,988 | 8.4 | 17% |
| 2014 | 3,460,305 | 3,187,358 | 272,947 | 3.1 | 4% |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 200,000 | 308,169 | −108,169 | 2.0 | 0% |
| 2019 | 2,119,062 | 2,275,731 | −156,669 | 0.0 | 0% |
| 2020 | 2,235,736 | 311,381 | 1,924,355 | 84.3 | 0% |
| 2021 | 1,150,219 | 1,477,391 | −327,172 | -11.6 | 3% |
In its most recent public year (2021), this organization spent $327,172 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.6 months), down from 6.1 in 2011. Staff pay was 3% 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 2021. 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
Mount Carmel Housing Inc's IRS filings as a feed — one entry per filing year, through 2021. 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