Operating record

T H P Housing Inc

High Point, NC · EIN 56-1908374 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$145,739$161,680−$15,941-61.30%
2021$167,580$182,081−$14,501-55.40%
2022$172,811$196,450−$23,639-52.80%
2023$169,215$195,294−$26,079-54.70%

In its most recent public year (2023), this organization spent $26,079 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-54.7 months), up from -61.3 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 ↗