Rock Hill Elderly Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 533,209 | 548,448 | −15,239 | -8.2 | 0% |
| 2021 | 540,476 | 521,471 | 19,005 | -8.2 | 23% |
| 2022 | 551,433 | 516,424 | 35,009 | -7.5 | 25% |
| 2023 | 570,105 | 492,962 | 77,143 | -5.9 | 24% |
In its most recent public year (2023), this organization brought in $77,143 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.9 months), up from -8.2 in 2020. Staff pay was 24% 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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