Southwood Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,121 | 103,651 | −41,530 | -26.0 | 0% |
| 2012 | 66,735 | 109,307 | −42,572 | -29.3 | 0% |
| 2013 | 66,247 | 116,845 | −50,598 | -32.6 | 0% |
| 2014 | 65,350 | 119,415 | −54,065 | -37.4 | 0% |
| 2015 | 66,653 | 129,063 | −62,410 | -40.4 | 0% |
| 2016 | 70,741 | 119,130 | −48,389 | -48.6 | 0% |
| 2017 | 71,629 | 122,338 | −50,709 | -52.3 | 0% |
| 2018 | 110,666 | 162,023 | −51,357 | -43.3 | 0% |
| 2019 | 76,388 | 121,091 | −44,703 | -62.4 | 0% |
| 2020 | 76,812 | 120,482 | −43,670 | -67.0 | 0% |
| 2021 | 73,201 | 125,502 | −52,301 | -69.4 | 0% |
| 2022 | 74,816 | 126,360 | −51,544 | -73.8 | 0% |
| 2023 | 89,516 | 149,646 | −60,130 | -67.1 | 0% |
In its most recent public year (2023), this organization spent $60,130 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-67.1 months), down from -26 in 2011. 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
Southwood Housing Development 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