H S C No 5 Housing Development Fund Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 741,958 | 883,517 | −141,559 | -48.8 | 14% |
| 2022 | 951,248 | 968,039 | −16,791 | -44.8 | 14% |
| 2023 | 756,681 | 1,040,625 | −283,944 | -44.9 | 14% |
| 2024 | 717,905 | 1,043,216 | −325,311 | -48.5 | 14% |
In its most recent public year (2024), this organization spent $325,311 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.5 months). Staff pay was 14% 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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