Operating record

Whatcom-Skagit Housing

Ferndale, WA · EIN 91-1005103 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,015,206$661,931$353,27568.153%
2021$717,109$586,696$130,41379.555%
2022$709,886$537,633$172,25390.663%
2023$981,443$616,234$365,20986.849%

In its most recent public year (2023), this organization brought in $365,209 more than it spent. Its reserves stood at about 86.8 months of spending, up from 68.1 in 2020. Staff pay was 49% of spending. $535,000 of its net assets are donor-restricted.

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 ↗