Timber Hills Housing Of Alcorn County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 106,125 | 145,176 | −39,051 | -48.3 | 12% |
| 2022 | 100,456 | 158,333 | −57,877 | -54.8 | 16% |
| 2023 | 124,724 | 164,435 | −39,711 | -55.7 | 13% |
In its most recent public year (2023), this organization spent $39,711 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-55.7 months), down from -48.3 in 2019. Staff pay was 13% 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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