Homeownership Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 294,769 | 246,797 | 47,972 | 48.2 | 36% |
| 2011 | 222,389 | 235,007 | −12,618 | 44.3 | 35% |
| 2012 | 243,229 | 176,911 | 66,318 | 63.3 | 48% |
| 2013 | 205,819 | 250,981 | −45,162 | 42.5 | 41% |
| 2014 | 256,629 | 228,466 | 28,163 | 48.2 | 46% |
| 2015 | 375,923 | 217,457 | 158,466 | 59.3 | 43% |
| 2016 | 380,517 | 214,130 | 166,387 | 69.6 | 40% |
| 2017 | 416,556 | 270,859 | 145,697 | 61.5 | 36% |
| 2018 | 353,117 | 246,473 | 106,644 | 72.7 | 40% |
| 2019 | 302,654 | 240,239 | 62,415 | 77.7 | 34% |
| 2020 | 422,265 | 250,985 | 171,280 | 82.6 | 43% |
| 2021 | 530,364 | 327,974 | 202,390 | 70.6 | 52% |
| 2022 | 463,061 | 402,430 | 60,631 | 59.4 | 52% |
| 2023 | 416,593 | 399,597 | 16,996 | 60.3 | 52% |
In its most recent public year (2023), this organization brought in $16,996 more than it spent. Its reserves stood at about 60.3 months of spending, up from 48.2 in 2010. Staff pay was 52% 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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