Fraternity Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 135,833 | 225,289 | −89,456 | 11.0 | 28% |
| 2021 | 116,611 | 221,467 | −104,856 | 0.7 | 28% |
| 2022 | 1,522,465 | 490,222 | 1,032,243 | 25.6 | 16% |
| 2023 | 941,351 | 732,040 | 209,311 | 20.5 | 11% |
In its most recent public year (2023), this organization brought in $209,311 more than it spent. Its reserves stood at about 20.5 months of spending, up from 11 in 2020. Staff pay was 11% 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
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