Varnville Area Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 685,352 | 606,055 | 79,297 | 38.2 | 27% |
| 2012 | 653,828 | 688,235 | −34,407 | 33.1 | 26% |
| 2013 | 670,117 | 670,229 | −112 | 34.0 | 26% |
| 2014 | 561,864 | 609,996 | −48,132 | 36.4 | 33% |
| 2015 | 691,551 | 667,725 | 23,826 | 33.6 | 31% |
| 2016 | 686,714 | 702,778 | −16,064 | 31.7 | 32% |
| 2017 | 667,333 | 744,075 | −76,742 | 28.7 | 37% |
| 2018 | 645,026 | 719,123 | −74,097 | 28.5 | 36% |
| 2019 | 583,090 | 664,830 | −81,740 | 29.3 | 33% |
| 2020 | 625,623 | 642,382 | −16,759 | 30.0 | 36% |
| 2021 | 681,776 | 667,092 | 14,684 | 29.2 | 34% |
| 2022 | 531,789 | 736,891 | −205,102 | 23.1 | 34% |
In its most recent public year (2022), this organization spent $205,102 more than it brought in. Its reserves stood at about 23.1 months of spending, down from 38.2 in 2011. Staff pay was 34% 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 2022. 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
Varnville Area Housing Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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