Citileaf Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,007,058 | 931,195 | 75,863 | 9.7 | 52% |
| 2012 | 1,137,845 | 1,131,442 | 6,403 | 8.0 | 43% |
| 2013 | 1,145,036 | 1,228,469 | −83,433 | -8.7 | 43% |
| 2014 | 1,113,166 | 1,046,430 | 66,736 | -11.0 | 48% |
| 2015 | 1,062,210 | 1,059,573 | 2,637 | -10.4 | 48% |
| 2016 | 1,044,018 | 1,162,198 | −118,180 | -10.3 | 47% |
| 2017 | 1,708,665 | 2,028,250 | −319,585 | -8.4 | 29% |
| 2018 | 1,696,650 | 2,103,619 | −406,969 | -10.4 | 33% |
| 2019 | 1,865,458 | 2,218,845 | −353,387 | -11.8 | 34% |
| 2020 | 1,478,963 | 2,284,275 | −805,312 | -15.7 | 36% |
| 2021 | 1,791,768 | 2,408,628 | −616,860 | -18.0 | 32% |
| 2022 | 1,717,122 | 2,144,052 | −426,930 | -22.6 | 33% |
| 2023 | 1,663,458 | 2,090,096 | −426,638 | -25.6 | 33% |
In its most recent public year (2023), this organization spent $426,638 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.6 months), down from 9.7 in 2011. Staff pay was 33% 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
Citileaf 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