Innovative Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,439,130 | 2,909,300 | 1,529,830 | 51.6 | 16% |
| 2012 | 3,301,842 | 3,038,653 | 263,189 | 50.4 | 12% |
| 2013 | 5,041,076 | 3,364,948 | 1,676,128 | 51.1 | 12% |
| 2014 | 3,771,155 | 3,512,292 | 258,863 | 49.8 | 3% |
| 2015 | 5,018,871 | 3,644,384 | 1,374,487 | 57.4 | 14% |
| 2016 | 5,976,527 | 4,345,090 | 1,631,437 | 54.0 | 14% |
| 2017 | 6,149,899 | 4,816,892 | 1,333,007 | 51.8 | 14% |
| 2018 | 7,918,329 | 5,641,233 | 2,277,096 | 49.1 | 12% |
| 2019 | 13,551,028 | 6,234,614 | 7,316,414 | 58.5 | 12% |
| 2020 | 11,182,272 | 6,545,000 | 4,637,272 | 65.9 | 13% |
| 2021 | 8,053,529 | 6,374,477 | 1,679,052 | 70.8 | 14% |
| 2022 | 7,538,206 | 6,383,041 | 1,155,165 | 72.9 | 17% |
| 2023 | 14,383,837 | 9,189,906 | 5,193,931 | 59.3 | 13% |
In its most recent public year (2023), this organization brought in $5,193,931 more than it spent. Its reserves stood at about 59.3 months of spending, up from 51.6 in 2011. Staff pay was 13% of spending. $6,798,676 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
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