Sol Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,119,505 | 840,197 | 279,308 | 98.1 | 55% |
| 2021 | 821,586 | 862,074 | −40,488 | 95.0 | 55% |
| 2022 | 3,020,427 | 1,192,844 | 1,827,583 | 87.1 | 50% |
| 2023 | 2,266,767 | 1,149,793 | 1,116,974 | 101.7 | 57% |
In its most recent public year (2023), this organization brought in $1,116,974 more than it spent. Its reserves stood at about 101.7 months of spending, up from 98.1 in 2020. Staff pay was 57% 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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