Interfaith Housing Development Corporation Of Hickory
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 64,983 | 64,215 | 768 | 21.7 | 0% |
| 2017 | 85,741 | 68,757 | 16,984 | 23.2 | — |
| 2018 | 33,722 | 43,045 | −9,323 | 33.5 | — |
| 2019 | 81,826 | 54,148 | 27,678 | 32.8 | — |
| 2020 | 72,227 | 63,074 | 9,153 | 30.5 | — |
| 2021 | 67,696 | 52,337 | 15,359 | 40.2 | 0% |
| 2022 | 77,597 | 52,512 | 25,085 | 45.8 | 0% |
| 2023 | 50,246 | 61,447 | −11,201 | 30.5 | — |
In its most recent public year (2023), this organization spent $11,201 more than it brought in. Its reserves stood at about 30.5 months of spending, up from 21.7 in 2016.
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
Interfaith Housing Development Corporation Of Hickory'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