New Destiny Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,536,587 | 1,629,401 | −92,814 | 48.2 | 35% |
| 2012 | 1,994,350 | 1,869,141 | 125,209 | 37.4 | 46% |
| 2013 | 2,361,794 | 1,545,497 | 816,297 | 51.6 | 44% |
| 2014 | 2,393,607 | 2,070,734 | 322,873 | 40.4 | 45% |
| 2015 | 1,973,320 | 2,094,318 | −120,998 | 28.0 | 49% |
| 2016 | 1,679,677 | 1,761,998 | −82,321 | 32.8 | 57% |
| 2017 | 2,653,737 | 2,070,874 | 582,863 | 35.0 | 57% |
| 2018 | 2,367,265 | 2,074,933 | 292,332 | 32.8 | 58% |
| 2019 | 4,838,111 | 2,593,853 | 2,244,258 | 49.3 | 57% |
| 2020 | 2,844,044 | 3,099,714 | −255,670 | 40.3 | 57% |
| 2021 | 6,998,544 | 4,033,929 | 2,964,615 | 39.8 | 54% |
| 2022 | 6,433,594 | 6,467,419 | −33,825 | 24.7 | 51% |
| 2023 | 10,782,857 | 10,211,453 | 571,404 | 16.4 | 50% |
| 2024 | 10,789,755 | 10,731,611 | 58,144 | 15.7 | 49% |
In its most recent public year (2024), this organization brought in $58,144 more than it spent. Its reserves stood at about 15.7 months of spending, down from 48.2 in 2011. Staff pay was 49% of spending. $669,833 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 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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