Pitcher Hill Housing Development Fund Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 882,836 | 875,899 | 6,937 | -4.0 | 19% |
| 2021 | 892,292 | 936,308 | −44,016 | -4.3 | 22% |
| 2022 | 905,419 | 944,615 | −39,196 | -4.8 | 22% |
| 2023 | 954,703 | 940,496 | 14,207 | -4.6 | 21% |
In its most recent public year (2023), this organization brought in $14,207 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months). Staff pay was 21% 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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