Homes For Shippensburg Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,593 | 240,285 | −34,692 | -37.0 | 0% |
| 2021 | 214,274 | 280,774 | −66,500 | -34.5 | 0% |
| 2022 | 228,689 | 265,389 | −36,700 | -38.2 | 0% |
| 2023 | 226,145 | 260,433 | −34,288 | -40.5 | 0% |
In its most recent public year (2023), this organization spent $34,288 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.5 months), down from -37 in 2020. 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 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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