Crescent Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 161,440 | 1,279,702 | −1,118,262 | 25.4 | 0% |
| 2015 | 1,026,322 | 889,860 | 136,462 | 38.4 | 0% |
| 2016 | 7,411 | 324,695 | −317,284 | 93.5 | 0% |
| 2017 | 328,151 | 607,344 | −279,193 | 43.6 | 0% |
| 2018 | 13,697 | 219,480 | −205,783 | 109.3 | 0% |
| 2019 | 30,740 | 1,135,212 | −1,104,472 | 9.5 | 0% |
| 2020 | 22,773 | 1,353,020 | −1,330,247 | -3.9 | 0% |
| 2021 | 5,232 | 1,091,539 | −1,086,307 | -16.7 | 0% |
| 2022 | 5,739 | 1,277,681 | −1,271,942 | -26.2 | 0% |
| 2023 | 5,182 | 672,270 | −667,088 | -61.7 | 0% |
In its most recent public year (2023), this organization spent $667,088 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-61.7 months), down from 25.4 in 2014. 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
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