Patchen Avenue Cluster Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 182,408 | 281,267 | −98,859 | -6.9 | 21% |
| 2013 | 187,044 | 233,375 | −46,331 | -12.8 | 5% |
| 2014 | 208,532 | 242,347 | −33,815 | -14.0 | 4% |
| 2016 | 182,997 | 238,553 | −55,556 | -19.8 | 5% |
| 2017 | 220,421 | 241,190 | −20,769 | -20.6 | 5% |
| 2018 | 217,275 | 237,631 | −20,356 | -21.9 | 7% |
| 2019 | 215,540 | 253,275 | −37,735 | -22.3 | 6% |
| 2020 | 223,654 | 235,885 | −12,231 | -24.6 | 7% |
| 2021 | 211,999 | 266,341 | −54,342 | -24.2 | 9% |
| 2022 | 210,408 | 291,494 | −81,086 | -25.5 | 9% |
| 2023 | 222,975 | 266,824 | −43,849 | -29.8 | 8% |
In its most recent public year (2023), this organization spent $43,849 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.8 months), down from -6.9 in 2011. Staff pay was 8% 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
Patchen Avenue Cluster 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