Home Point Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,583,318 | 2,549,586 | 33,732 | 4.0 | 28% |
| 2020 | 2,953,004 | 2,910,382 | 42,622 | 3.7 | 28% |
| 2021 | 3,183,683 | 3,152,009 | 31,674 | 3.5 | 32% |
| 2022 | 3,131,712 | 3,312,319 | −180,607 | 2.7 | 32% |
| 2023 | 3,386,707 | 3,394,727 | −8,020 | 2.6 | 31% |
In its most recent public year (2023), this organization spent $8,020 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 4 in 2019. Staff pay was 31% of spending. $105,709 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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