Providence Yates Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,936 | 62,138 | −10,202 | -43.5 | 21% |
| 2021 | 50,149 | 60,073 | −9,924 | -47.0 | 20% |
| 2022 | 50,945 | 58,843 | −7,898 | -49.6 | 27% |
| 2023 | 52,574 | 80,626 | −28,052 | -40.3 | 23% |
In its most recent public year (2023), this organization spent $28,052 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.3 months), up from -43.5 in 2020. Staff pay was 23% 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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