Ark Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 103,648 | 158,451 | −54,803 | -38.6 | 2% |
| 2012 | 103,976 | 154,603 | −50,627 | -43.5 | 0% |
| 2013 | 103,670 | 162,397 | −58,727 | -45.8 | 0% |
| 2014 | 130,433 | 151,881 | −21,448 | -50.6 | 0% |
| 2015 | 129,560 | 164,855 | −35,295 | 40.8 | 0% |
| 2016 | 133,509 | 174,002 | −40,493 | 35.9 | 0% |
| 2017 | 137,793 | 167,614 | −29,821 | 35.1 | 0% |
| 2018 | 138,564 | 170,216 | −31,652 | 32.3 | 0% |
| 2019 | 139,041 | 180,441 | −41,400 | 27.7 | 0% |
| 2020 | 142,068 | 174,556 | −32,488 | 26.4 | 0% |
| 2021 | 138,832 | 196,185 | −57,353 | 20.0 | 0% |
| 2022 | 138,146 | 178,441 | −40,295 | 19.3 | 0% |
| 2023 | 148,247 | 207,686 | −59,439 | 13.1 | 0% |
In its most recent public year (2023), this organization spent $59,439 more than it brought in. Its reserves stood at about 13.1 months of spending, up from -38.6 in 2011. Staff pay was 0% of spending. $1,236,500 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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