Richard Hugo House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 703,406 | 723,835 | −20,429 | 3.0 | 44% |
| 2012 | 753,982 | 702,015 | 51,967 | 4.0 | 44% |
| 2013 | 847,523 | 871,186 | −23,663 | 2.9 | 41% |
| 2014 | 1,023,897 | 993,881 | 30,016 | 2.9 | 38% |
| 2015 | 1,305,027 | 1,084,818 | 220,209 | 5.1 | 41% |
| 2016 | 2,268,247 | 1,231,118 | 1,037,129 | 14.6 | 36% |
| 2017 | 2,629,625 | 1,262,215 | 1,367,410 | 27.2 | 36% |
| 2018 | 5,420,244 | 1,577,358 | 3,842,886 | 51.0 | 33% |
| 2019 | 1,672,234 | 1,704,683 | −32,449 | 47.0 | 32% |
| 2020 | 2,107,210 | 1,857,396 | 249,814 | 44.7 | 31% |
| 2021 | 2,157,328 | 2,255,559 | −98,231 | 36.3 | 29% |
| 2022 | 1,795,011 | 2,265,330 | −470,319 | 35.2 | 30% |
| 2023 | 1,504,462 | 2,369,666 | −865,204 | 29.3 | 30% |
In its most recent public year (2023), this organization spent $865,204 more than it brought in. Its reserves stood at about 29.3 months of spending, up from 3 in 2011. Staff pay was 30% 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
Richard Hugo House'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