South Portland Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 544,238 | 214,811 | 329,427 | 300.3 | 0% |
| 2012 | 447,252 | 374,604 | 72,648 | 181.2 | 0% |
| 2013 | 463,563 | 407,495 | 56,068 | 173.8 | 0% |
| 2014 | 490,054 | 558,408 | −68,354 | 48.4 | 0% |
| 2015 | 1,181,126 | 618,945 | 562,181 | 58.2 | 0% |
| 2016 | 608,642 | 842,390 | −233,748 | 42.6 | 8% |
| 2017 | 686,447 | 950,602 | −264,155 | 72.3 | 1% |
| 2018 | 737,749 | 974,464 | −236,715 | 71.8 | 0% |
| 2019 | 776,871 | 1,026,086 | −249,215 | 68.9 | 1% |
| 2020 | 1,610,007 | 1,939,869 | −329,862 | 37.7 | 1% |
| 2021 | 1,241,060 | 1,008,203 | 232,857 | 81.3 | 15% |
| 2022 | 2,010,924 | 1,300,262 | 710,662 | 60.1 | 20% |
| 2023 | 4,071,254 | 2,713,257 | 1,357,997 | 34.8 | 8% |
In its most recent public year (2023), this organization brought in $1,357,997 more than it spent. Its reserves stood at about 34.8 months of spending, down from 300.3 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
South Portland Housing Development 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