Washington Heights And Inwood Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 345,703 | 399,599 | −53,896 | 20.2 | 47% |
| 2011 | 483,498 | 477,054 | 6,444 | 17.2 | 42% |
| 2012 | 507,057 | 454,789 | 52,268 | 19.4 | 45% |
| 2013 | 547,779 | 487,489 | 60,290 | 16.2 | 44% |
| 2014 | 397,188 | 387,428 | 9,760 | 10.3 | 55% |
| 2015 | 514,954 | 495,142 | 19,812 | 8.5 | 42% |
| 2016 | 561,490 | 572,898 | −11,408 | 7.1 | 45% |
| 2017 | 486,669 | 731,281 | −244,612 | 1.6 | 34% |
| 2018 | 528,589 | 563,214 | −34,625 | 1.7 | 0% |
| 2019 | 297,398 | 481,493 | −184,095 | -2.7 | 55% |
| 2020 | 331,392 | 649,439 | −318,047 | -7.9 | 34% |
| 2021 | 328,791 | 530,648 | −201,857 | -14.2 | 18% |
| 2022 | 369,359 | 605,370 | −236,011 | -16.6 | 35% |
| 2023 | 332,663 | 428,744 | −96,081 | -27.0 | 36% |
In its most recent public year (2023), this organization spent $96,081 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27 months), down from 20.2 in 2010. Staff pay was 36% 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
Washington Heights And Inwood Development 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