Housing Opportunities Made Economical Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 529,226 | 525,999 | 3,227 | 9.7 | 12% |
| 2012 | 205,714 | 566,868 | −361,154 | 1.4 | 10% |
| 2013 | 752,057 | 535,412 | 216,645 | 6.3 | 11% |
| 2014 | 524,363 | 524,177 | 186 | 6.4 | 10% |
| 2015 | 522,849 | 542,829 | −19,980 | 5.0 | 8% |
| 2016 | 421,463 | 508,756 | −87,293 | 3.2 | 8% |
| 2017 | 614,165 | 542,628 | 71,537 | 4.6 | 11% |
| 2018 | 522,077 | 524,251 | −2,174 | 4.8 | 12% |
| 2019 | 516,901 | 438,526 | 78,375 | 7.8 | 14% |
| 2020 | 521,926 | 450,592 | 71,334 | 9.5 | 14% |
| 2021 | 551,495 | 412,863 | 138,632 | 14.4 | 15% |
| 2022 | 877,326 | 390,710 | 486,616 | 30.2 | 15% |
| 2023 | 567,468 | 369,417 | 198,051 | 38.4 | 12% |
In its most recent public year (2023), this organization brought in $198,051 more than it spent. Its reserves stood at about 38.4 months of spending, up from 9.7 in 2011. Staff pay was 12% 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
Housing Opportunities Made Economical Inc's IRS filings as a feed — one entry per filing year, through 2023. 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