St Matthew Housing Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 820,197 | 924,950 | −104,753 | -16.3 | 16% |
| 2018 | 840,310 | 963,163 | −122,853 | -17.2 | 17% |
| 2019 | 853,538 | 949,590 | −96,052 | -18.6 | 17% |
| 2020 | 871,452 | 935,852 | −64,400 | -19.7 | 18% |
| 2021 | 898,638 | 873,683 | 24,955 | -20.8 | 11% |
| 2022 | 892,131 | 951,158 | −59,027 | -19.8 | 14% |
| 2023 | 926,506 | 920,837 | 5,669 | -20.4 | 15% |
In its most recent public year (2023), this organization brought in $5,669 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-20.4 months), down from -16.3 in 2017. Staff pay was 15% 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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