Newington Interfaith Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 502,583 | 463,088 | 39,495 | 69.5 | 24% |
| 2021 | 1,208,344 | 1,141,269 | 67,075 | 28.9 | 21% |
| 2022 | 1,227,988 | 1,270,878 | −42,890 | 25.0 | 20% |
| 2023 | 1,256,523 | 1,324,240 | −67,717 | 23.7 | 21% |
In its most recent public year (2023), this organization spent $67,717 more than it brought in. Its reserves stood at about 23.7 months of spending, down from 69.5 in 2020. Staff pay was 21% 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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