Providence-Brown Street Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 70,122 | 114,272 | −44,150 | -73.5 | 0% |
| 2022 | 124,304 | 181,541 | −57,237 | -50.0 | 0% |
| 2023 | 137,172 | 213,793 | −76,621 | -46.8 | 0% |
In its most recent public year (2023), this organization spent $76,621 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-46.8 months), up from -73.5 in 2021. Staff pay was 0% 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
Providence-Brown Street 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