Maxcen Housing Society Inc Illinois Branch
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 80,851 | 77,175 | 3,676 | 0.6 | 28% |
| 2022 | 82,616 | 76,193 | 6,423 | 1.0 | 9% |
| 2023 | 84,996 | 79,271 | 5,725 | 0.9 | 7% |
In its most recent public year (2023), this organization brought in $5,725 more than it spent. Its reserves stood at about 0.9 months of spending. Staff pay was 7% 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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