Work Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 53,654 | 79,507 | −25,853 | -27.8 | 0% |
| 2022 | 54,581 | 75,241 | −20,660 | -32.7 | 0% |
| 2023 | 44,713 | 79,566 | −34,853 | -36.2 | 0% |
In its most recent public year (2023), this organization spent $34,853 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-36.2 months), down from -27.8 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
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