Homes For Islanders
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 606,976 | 630,083 | −23,107 | 8.9 | 47% |
| 2011 | 1,464,998 | 596,632 | 868,366 | 26.9 | 60% |
| 2012 | 386,409 | 329,803 | 56,606 | 53.1 | 72% |
| 2014 | 439,005 | 526,040 | −87,035 | 30.9 | 70% |
| 2015 | 1,255,397 | 583,991 | 671,406 | 42.9 | 71% |
| 2016 | 149,240 | 573,480 | −424,240 | 34.8 | 61% |
| 2017 | 607,364 | 530,692 | 76,672 | 39.3 | 69% |
| 2018 | 323,605 | 442,621 | −119,016 | 43.9 | 67% |
| 2019 | 877,887 | 495,917 | 381,970 | 48.5 | 72% |
| 2020 | 549,588 | 529,225 | 20,363 | 45.9 | 75% |
| 2021 | 577,926 | 465,922 | 112,004 | 55.0 | 80% |
| 2022 | 180,402 | 72,428 | 107,974 | 371.9 | 55% |
| 2023 | 997 | 13,903 | −12,906 | 1926.5 | 0% |
In its most recent public year (2023), this organization spent $12,906 more than it brought in. Its reserves stood at about 1926.5 months of spending, up from 8.9 in 2010. Staff pay was 0% of spending. $1,081,502 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
Homes For Islanders'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