55 Whipple Street Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2019 | 507,972 | 790,743 | −282,771 | -73.2 | 0% |
| 2020 | 4,853,722 | 928,739 | 3,924,983 | -11.6 | 0% |
| 2021 | 6,000,238 | 785,836 | 5,214,402 | 65.9 | 0% |
| 2022 | 646,956 | 815,383 | −168,427 | -19.5 | 0% |
| 2023 | 580,315 | 1,029,116 | −448,801 | -22.8 | 0% |
In its most recent public year (2023), this organization spent $448,801 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.8 months). 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 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
55 Whipple Street Housing Development Fund Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works