Catholic Charities Housing La Tierra Verde Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 562,274 | 683,716 | −121,442 | 17.2 | 6% |
| 2023 | 566,231 | 662,632 | −96,401 | 16.0 | 10% |
In its most recent public year (2023), this organization spent $96,401 more than it brought in. Its reserves stood at about 16 months of spending, down from 17.2 in 2022. Staff pay was 10% 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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