Riverside Episcopal Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 355,985 | 345,032 | 10,953 | -7.4 | 12% |
| 2022 | 365,887 | 330,270 | 35,617 | -6.4 | 13% |
| 2023 | 364,491 | 326,001 | 38,490 | -5.1 | 12% |
In its most recent public year (2023), this organization brought in $38,490 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.1 months), up from -7.4 in 2021. Staff pay was 12% 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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