Open Arms Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 368,103 | 402,528 | −34,425 | 21.7 | 31% |
| 2012 | 416,903 | 400,885 | 16,018 | 22.3 | 33% |
| 2013 | 454,715 | 415,040 | 39,675 | 22.7 | 36% |
| 2014 | 455,917 | 474,041 | −18,124 | 19.4 | 31% |
| 2015 | 668,334 | 509,535 | 158,799 | 21.8 | 32% |
| 2016 | 658,959 | 632,141 | 26,818 | 18.1 | 34% |
| 2017 | 845,483 | 925,979 | −80,496 | 11.3 | 40% |
| 2018 | 881,458 | 993,073 | −111,615 | 9.2 | 45% |
| 2019 | 1,011,905 | 1,073,524 | −61,619 | 7.8 | 49% |
| 2020 | 1,270,842 | 1,135,446 | 135,396 | 9.0 | 54% |
| 2021 | 1,588,631 | 1,422,625 | 166,006 | 8.5 | 57% |
| 2022 | 2,558,388 | 2,622,347 | −63,959 | 4.4 | 69% |
| 2023 | 2,413,763 | 2,606,638 | −192,875 | 3.7 | 67% |
In its most recent public year (2023), this organization spent $192,875 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 21.7 in 2011. Staff pay was 67% of spending. $6,020 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 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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