Community Housing Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,074,250 | 1,066,211 | 8,039 | -2.3 | 26% |
| 2022 | 841,954 | 1,022,352 | −180,398 | -10.2 | 28% |
| 2023 | 1,522,185 | 1,339,634 | 182,551 | -7.0 | 20% |
| 2024 | 2,441,212 | 2,277,696 | 163,516 | -3.7 | 12% |
In its most recent public year (2024), this organization brought in $163,516 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), down from -2.3 in 2021. Staff pay was 12% 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 2024. 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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