Foundation For Affordable Rental Housing Holdings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 530,038 | 898,283 | −368,245 | -30.0 | 0% |
| 2012 | 1,448,519 | 954,034 | 494,485 | -22.0 | 0% |
| 2013 | 0 | 311 | −311 | 0.0 | 0% |
| 2014 | 11,568,904 | 2,741,661 | 8,827,243 | 38.6 | 0% |
| 2015 | 15,865,155 | 14,772,849 | 1,092,306 | 8.1 | 0% |
| 2016 | 31,132,744 | 27,322,100 | 3,810,644 | 6.0 | 0% |
| 2017 | 33,496,857 | 44,940,605 | −11,443,748 | 0.6 | 0% |
| 2018 | 42,757,841 | 48,202,455 | −5,444,614 | -0.8 | 0% |
| 2019 | 44,094,192 | 62,349,273 | −18,255,081 | -4.1 | 0% |
| 2020 | 79,328,342 | 81,026,785 | −1,698,443 | -3.4 | 0% |
| 2021 | 238,155,388 | 122,650,359 | 115,505,029 | 9.0 | 0% |
| 2022 | 113,440,418 | 163,878,993 | −50,438,575 | 3.1 | 0% |
| 2023 | 569,587,470 | 135,307,439 | 434,280,031 | 42.2 | 0% |
In its most recent public year (2023), this organization brought in $434,280,031 more than it spent. Its reserves stood at about 42.2 months of spending, up from -30 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
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