Arirang Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 409,080 | 621,987 | −212,907 | -66.1 | 11% |
| 2013 | 406,344 | 622,364 | −216,020 | -70.2 | 11% |
| 2014 | 410,311 | 626,498 | −216,187 | -73.9 | 10% |
| 2015 | 424,110 | 665,692 | −241,582 | -73.9 | 10% |
| 2016 | 438,262 | 626,682 | −188,420 | -82.1 | 11% |
| 2017 | 462,398 | 657,631 | −195,233 | -81.8 | 11% |
| 2018 | 460,352 | 677,137 | −216,785 | -83.3 | 11% |
| 2019 | 476,975 | 694,814 | −217,839 | -84.9 | 11% |
| 2020 | 476,799 | 674,813 | −198,014 | -91.0 | 12% |
| 2021 | 468,632 | 672,671 | −204,039 | -94.9 | 12% |
| 2022 | 474,308 | 724,344 | −250,036 | -92.3 | 13% |
In its most recent public year (2022), this organization spent $250,036 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-92.3 months), down from -66.1 in 2012. Staff pay was 13% 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 2022. 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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