Housing Enterprises Of Anne Arundel County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 624,436 | 55,961 | 568,475 | 121.9 | 0% |
| 2019 | 2,432,379 | 924 | 2,431,455 | 38960.1 | 0% |
| 2020 | 68,042 | 10,723 | 57,319 | 3421.3 | 0% |
| 2021 | 19,422 | 12,579 | 6,843 | 2923.1 | 0% |
| 2022 | 2,600,035 | 425,738 | 2,174,297 | 147.7 | 0% |
| 2023 | 1,148,056 | 162,135 | 985,921 | 460.7 | 84% |
In its most recent public year (2023), this organization brought in $985,921 more than it spent. Its reserves stood at about 460.7 months of spending, up from 121.9 in 2018. Staff pay was 84% 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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