Innovative Housing Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,826,378 | 1,807,368 | 1,019,010 | 68.1 | 52% |
| 2021 | 1,758,490 | 2,262,656 | −504,166 | 51.7 | 49% |
| 2022 | 6,714,303 | 2,690,266 | 4,024,037 | 61.4 | 43% |
| 2023 | 3,020,182 | 3,279,391 | −259,209 | 53.6 | 36% |
In its most recent public year (2023), this organization spent $259,209 more than it brought in. Its reserves stood at about 53.6 months of spending, down from 68.1 in 2020. Staff pay was 36% of spending. $144,121 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works