Terrace Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 57,566 | 52,117 | 5,449 | 37.8 | — |
| 2018 | 66,077 | 63,839 | 2,238 | 31.3 | — |
| 2019 | 65,211 | 60,254 | 4,957 | 34.2 | — |
| 2020 | 67,462 | 57,840 | 9,622 | 37.6 | — |
| 2021 | 61,263 | 64,240 | −2,977 | 33.3 | — |
| 2022 | 67,365 | 72,285 | −4,920 | 28.8 | — |
| 2023 | 75,968 | 76,952 | −984 | 26.9 | — |
In its most recent public year (2023), this organization spent $984 more than it brought in. Its reserves stood at about 26.9 months of spending, down from 37.8 in 2017.
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
Terrace Homes Inc's IRS filings as a feed — one entry per filing year, through 2023. 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