Texas Inter-Faith Housing Corporati On
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 949,770 | 7,719,775 | −6,770,005 | 9.4 | 2% |
| 2020 | 2,841,610 | 3,264,987 | −423,377 | 24.5 | 1% |
| 2021 | 15,259,186 | 4,883,271 | 10,375,915 | 41.1 | 0% |
| 2022 | 1,268,585 | 2,535,752 | −1,267,167 | 75.3 | 0% |
| 2023 | 6,021,422 | 2,399,593 | 3,621,829 | 104.3 | 0% |
In its most recent public year (2023), this organization brought in $3,621,829 more than it spent. Its reserves stood at about 104.3 months of spending, up from 9.4 in 2019. Staff pay was 0% 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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