Gates County Housing Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 5,000 | 0 | 5,000 | — | — |
| 2023 | 57,980 | 26,379 | 31,601 | 18.9 | — |
| 2024 | 69,620 | 36,608 | 33,012 | 24.4 | — |
In its most recent public year (2024), this organization brought in $33,012 more than it spent. Its reserves stood at about 24.4 months 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 2024. 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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