Shu Hab Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,522,304 | 2,074,743 | −552,439 | -61.0 | 0% |
| 2021 | 1,926,133 | 2,254,807 | −328,674 | -57.9 | 0% |
| 2022 | 1,624,865 | 2,494,998 | −870,133 | -56.5 | 0% |
| 2023 | 1,620,530 | 2,439,690 | −819,160 | -61.8 | 0% |
In its most recent public year (2023), this organization spent $819,160 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-61.8 months). 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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