Fordham Bedford Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,343,244 | 3,888,426 | 3,454,818 | 87.4 | 59% |
| 2012 | 7,984,511 | 4,061,121 | 3,923,390 | 95.3 | 56% |
| 2013 | 8,335,487 | 6,677,405 | 1,658,082 | 60.9 | 43% |
| 2014 | 10,962,248 | 6,994,953 | 3,967,295 | 65.0 | 42% |
| 2015 | 11,593,221 | 7,491,868 | 4,101,353 | 67.2 | 42% |
| 2016 | 9,195,064 | 7,823,877 | 1,371,187 | 65.9 | 42% |
| 2017 | 15,233,670 | 6,933,211 | 8,300,459 | 88.8 | 48% |
| 2018 | 8,228,855 | 5,655,655 | 2,573,200 | 114.3 | 67% |
| 2019 | 9,183,460 | 5,983,533 | 3,199,927 | 114.4 | 68% |
| 2020 | 9,215,529 | 6,249,351 | 2,966,178 | 115.3 | 65% |
| 2021 | 9,182,543 | 6,506,844 | 2,675,699 | 119.1 | 63% |
| 2022 | 7,445,904 | 7,019,736 | 426,168 | 108.9 | 63% |
| 2023 | 8,688,426 | 6,844,191 | 1,844,235 | 116.8 | 65% |
In its most recent public year (2023), this organization brought in $1,844,235 more than it spent. Its reserves stood at about 116.8 months of spending, up from 87.4 in 2011. Staff pay was 65% of spending. $5,200,000 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
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