Rho Chapter Kappa Alpha Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 334,074 | 289,990 | 44,084 | 29.8 | 21% |
| 2021 | 445,629 | 332,128 | 113,501 | 30.2 | 19% |
| 2022 | 522,471 | 519,951 | 2,520 | 19.2 | 12% |
| 2023 | 247,828 | 228,046 | 19,782 | 45.1 | 33% |
In its most recent public year (2023), this organization brought in $19,782 more than it spent. Its reserves stood at about 45.1 months of spending, up from 29.8 in 2020. Staff pay was 33% of spending. $857,530 of its net assets are donor-restricted.
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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