Mother Of Divine Grace Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 81,070 | 82,033 | −963 | -29.5 | — |
| 2016 | 92,539 | 79,163 | 13,376 | -29.4 | — |
| 2017 | 93,114 | 72,503 | 20,611 | -28.7 | — |
| 2018 | 92,148 | 74,845 | 17,303 | -25.1 | — |
| 2019 | 96,253 | 71,350 | 24,903 | -22.1 | — |
| 2020 | 97,069 | 66,207 | 30,862 | -18.2 | — |
| 2021 | 98,480 | 79,541 | 18,939 | -12.3 | — |
| 2022 | 101,505 | 89,719 | 11,786 | -9.3 | — |
| 2023 | 106,510 | 78,855 | 27,655 | -6.4 | — |
In its most recent public year (2023), this organization brought in $27,655 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.4 months), up from -29.5 in 2015.
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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