Stovall Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,060,896 | 1,220,492 | 840,404 | 12.1 | 6% |
| 2022 | 2,086,411 | 1,566,807 | 519,604 | 13.4 | 6% |
| 2023 | 2,129,026 | 1,986,950 | 142,076 | 11.4 | 7% |
| 2024 | 2,230,830 | 1,326,868 | 903,962 | 25.3 | 0% |
In its most recent public year (2024), this organization brought in $903,962 more than it spent. Its reserves stood at about 25.3 months of spending, up from 12.1 in 2021. Staff pay was 0% 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 2024. 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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