Housing Development Corporation Midatlantic
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,522,288 | 6,061,075 | 461,213 | 11.7 | 70% |
| 2012 | 7,552,067 | 6,546,974 | 1,005,093 | 12.6 | 71% |
| 2013 | 7,989,777 | 7,396,870 | 592,907 | 12.6 | 69% |
| 2014 | 8,272,683 | 7,550,610 | 722,073 | 13.9 | 70% |
| 2015 | 10,448,678 | 8,510,420 | 1,938,258 | 15.4 | 66% |
| 2016 | 9,682,309 | 8,858,204 | 824,105 | 16.6 | 71% |
| 2017 | 9,514,864 | 9,605,446 | −90,582 | 15.4 | 71% |
| 2018 | 11,048,135 | 10,292,966 | 755,169 | 15.7 | 70% |
| 2019 | 10,772,844 | 10,520,009 | 252,835 | 15.6 | 70% |
| 2020 | 10,483,218 | 10,671,331 | −188,113 | 17.9 | 72% |
| 2021 | 11,939,671 | 11,341,925 | 597,746 | 17.4 | 64% |
| 2022 | 11,443,531 | 11,202,268 | 241,263 | 17.8 | 70% |
| 2023 | 15,903,025 | 13,394,318 | 2,508,707 | 16.1 | 66% |
In its most recent public year (2023), this organization brought in $2,508,707 more than it spent. Its reserves stood at about 16.1 months of spending, up from 11.7 in 2011. Staff pay was 66% 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
Housing Development Corporation Midatlantic'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