Saco Housing Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 256,448 | 263,050 | −6,602 | -13.3 | 0% |
| 2012 | 249,555 | 259,027 | −9,472 | -14.0 | 0% |
| 2013 | 259,389 | 260,754 | −1,365 | -13.9 | 0% |
| 2014 | 626,347 | 323,570 | 302,777 | 0.0 | 0% |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 186,502 | 168,362 | 18,140 | 1.3 | 0% |
| 2017 | 245,131 | 296,310 | −51,179 | -1.3 | 0% |
| 2018 | 257,328 | 285,112 | −27,784 | -2.6 | 0% |
| 2019 | 256,926 | 269,221 | −12,295 | -3.3 | 0% |
| 2020 | 264,540 | 270,794 | −6,254 | -3.5 | 0% |
| 2021 | 277,084 | 275,165 | 1,919 | -3.4 | 0% |
| 2022 | 2,261,407 | 416,785 | 1,844,622 | 50.9 | 0% |
| 2023 | 936,693 | 993,690 | −56,997 | 20.7 | 0% |
In its most recent public year (2023), this organization spent $56,997 more than it brought in. Its reserves stood at about 20.7 months of spending, up from -13.3 in 2011. Staff pay was 0% 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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