Charleston Housing Opportunities 1993 Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,317 | 31,985 | −18,668 | -74.7 | — |
| 2013 | 13,314 | 29,051 | −15,737 | -88.8 | — |
| 2014 | 13,200 | 43,831 | −30,631 | -67.2 | — |
| 2015 | 12,376 | 33,916 | −21,540 | -94.5 | — |
| 2016 | 12,322 | 30,550 | −18,228 | -112.1 | — |
| 2017 | 12,376 | 36,178 | −23,802 | -102.5 | — |
| 2018 | 12,412 | 49,215 | −36,803 | -84.3 | — |
| 2019 | 12,705 | 33,596 | −20,891 | -131.0 | — |
| 2020 | 14,488 | 47,570 | −33,082 | -100.9 | — |
| 2021 | 14,658 | 32,671 | −18,013 | -153.5 | — |
| 2022 | 271,929 | 38,864 | 233,065 | -57.1 | 13% |
| 2023 | 11,997 | 43,254 | −31,257 | -59.9 | — |
In its most recent public year (2023), this organization spent $31,257 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-59.9 months), up from -74.7 in 2012.
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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