Independence Hall Mutual Housing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,343,082 | 1,307,441 | 35,641 | -0.8 | 19% |
| 2021 | 1,388,882 | 1,418,529 | −29,647 | -1.1 | 18% |
| 2022 | 1,391,085 | 1,422,833 | −31,748 | -1.4 | 20% |
| 2023 | 1,418,158 | 1,587,207 | −169,049 | -2.5 | 20% |
In its most recent public year (2023), this organization spent $169,049 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from -0.8 in 2020. Staff pay was 20% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works