Ludden Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 444,084 | 474,587 | −30,503 | -25.5 | 16% |
| 2013 | 445,598 | 452,939 | −7,341 | -27.0 | 18% |
| 2014 | 447,601 | 445,199 | 2,402 | -27.4 | 19% |
| 2015 | 453,406 | 432,871 | 20,535 | -27.6 | 20% |
| 2016 | 459,273 | 434,372 | 24,901 | -26.8 | 20% |
| 2017 | 462,444 | 455,605 | 6,839 | -25.4 | 20% |
| 2018 | 467,875 | 361,699 | 106,176 | -28.4 | 26% |
| 2019 | 461,458 | 412,284 | 49,174 | -23.5 | 24% |
| 2020 | 473,288 | 459,793 | 13,495 | -20.7 | 20% |
| 2021 | 489,623 | 460,600 | 29,023 | -19.9 | 21% |
| 2022 | 510,764 | 471,939 | 38,825 | -18.5 | 22% |
| 2023 | 514,336 | 492,153 | 22,183 | -17.2 | 22% |
In its most recent public year (2023), this organization brought in $22,183 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-17.2 months), up from -25.5 in 2012. Staff pay was 22% 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
Ludden Housing Development Fund Company Inc'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