Queen City Housing Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 436,989 | 330,257 | 106,732 | 22.2 | 14% |
| 2022 | 541,387 | 605,372 | −63,985 | 0.7 | 15% |
| 2023 | 149,834 | 205,056 | −55,222 | -3.9 | 0% |
In its most recent public year (2023), this organization spent $55,222 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.9 months), down from 22.2 in 2021. Staff pay was 0% 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
Queen City Housing Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works