Philadelphia Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,862,299 | 38,815,948 | 46,351 | 1.2 | 9% |
| 2012 | 31,454,912 | 31,322,975 | 131,937 | 1.5 | 10% |
| 2013 | 25,009,732 | 25,119,592 | −109,860 | 1.9 | 10% |
| 2014 | 22,619,679 | 22,861,961 | −242,282 | 1.9 | 11% |
| 2015 | 21,192,990 | 21,278,142 | −85,152 | -6.1 | 13% |
| 2016 | 23,805,826 | 24,346,232 | −540,406 | -5.6 | 13% |
| 2017 | 26,387,749 | 26,017,323 | 370,426 | -5.0 | 13% |
| 2018 | 36,984,065 | 38,904,742 | −1,920,677 | -4.0 | 10% |
| 2019 | 43,246,929 | 41,807,275 | 1,439,654 | -3.3 | 1% |
| 2020 | 78,243,959 | 77,469,469 | 774,490 | -1.7 | 1% |
| 2021 | 149,141,044 | 137,891,400 | 11,249,644 | 0.1 | 5% |
| 2022 | 247,066,079 | 241,946,229 | 5,119,850 | 0.3 | 1% |
| 2023 | 179,724,189 | 160,966,535 | 18,757,654 | 1.9 | 5% |
In its most recent public year (2023), this organization brought in $18,757,654 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 5% of spending. $43,333,557 of its net assets are donor-restricted.
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
Philadelphia 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