Houston Area Urban Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 615,875 | 150,822 | 465,053 | 37.0 | 0% |
| 2013 | 3,244,550 | 1,499,430 | 1,745,120 | 17.7 | 0% |
| 2014 | 896,399 | 625,335 | 271,064 | 60.0 | 0% |
| 2015 | 66,811 | 392,156 | −325,345 | 52.3 | 10% |
| 2016 | 1,169,907 | 339,762 | 830,145 | 89.7 | 29% |
| 2017 | 366,711 | 391,765 | −25,054 | 77.0 | 35% |
| 2018 | 1,148,013 | 1,228,782 | −80,769 | 23.8 | 15% |
| 2019 | 1,310,762 | 2,293,845 | −983,083 | 7.6 | 9% |
| 2020 | 1,138,306 | 1,123,920 | 14,386 | 15.7 | 20% |
| 2021 | 572,155 | 510,912 | 61,243 | 36.2 | 42% |
| 2022 | 201,922 | 524,353 | −322,431 | 26.2 | 43% |
In its most recent public year (2022), this organization spent $322,431 more than it brought in. Its reserves stood at about 26.2 months of spending, down from 37 in 2012. Staff pay was 43% of spending. $490,507 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 2022. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works