Renewal Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 18,132,609 | 3,979,269 | 14,153,340 | 43.6 | 0% |
| 2019 | 1,603,740 | 18,251,583 | −16,647,843 | 1.8 | 0% |
| 2020 | 27,854,575 | 3,606,694 | 24,247,881 | 36.1 | 2% |
| 2021 | 3,551,240 | 39,504,132 | −35,952,892 | -8.5 | 0% |
In its most recent public year (2021), this organization spent $35,952,892 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.5 months), down from 43.6 in 2018. Staff pay was 0% 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
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