Kinston Churches Elderly Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,019,802 | 994,729 | 25,073 | -17.1 | 0% |
| 2012 | 1,013,539 | 931,542 | 81,997 | -17.1 | 0% |
| 2013 | 994,298 | 989,392 | 4,906 | -16.1 | 0% |
| 2014 | 1,052,629 | 904,231 | 148,398 | -15.1 | 8% |
| 2015 | 1,068,155 | 948,083 | 120,072 | -13.1 | 9% |
| 2016 | 1,093,586 | 966,458 | 127,128 | -11.2 | 9% |
| 2017 | 1,106,225 | 945,298 | 160,927 | -9.4 | 11% |
| 2018 | 1,083,583 | 899,856 | 183,727 | -7.3 | 11% |
| 2019 | 1,124,550 | 872,870 | 251,680 | -4.2 | 11% |
| 2020 | 1,127,870 | 759,737 | 368,133 | 0.8 | 13% |
| 2021 | 1,132,046 | 845,560 | 286,486 | 4.6 | 13% |
| 2022 | 1,192,006 | 910,399 | 281,607 | 8.4 | 15% |
| 2023 | 1,245,044 | 798,086 | 446,958 | 16.0 | 20% |
In its most recent public year (2023), this organization brought in $446,958 more than it spent. Its reserves stood at about 16 months of spending, up from -17.1 in 2011. Staff pay was 20% 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
Kinston Churches Elderly Housing Corporation'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