Second Chance Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 21,010 | 21,010 | 0 | 15.4 | — |
| 2021 | 34,495 | 29,760 | 4,735 | 24.9 | — |
| 2022 | 46,065 | 36,206 | 9,859 | 23.8 | — |
| 2023 | 65,924 | 68,774 | −2,850 | 12.0 | — |
In its most recent public year (2023), this organization spent $2,850 more than it brought in. Its reserves stood at about 12 months of spending, down from 15.4 in 2019.
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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