Phipps Affordable Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 218,293 | 228,316 | −10,023 | 102.8 | 12% |
| 2012 | 225,720 | 223,336 | 2,384 | 105.2 | 8% |
| 2013 | 312,056 | 374,289 | −62,233 | 60.8 | 4% |
| 2014 | 310,417 | 372,973 | −62,556 | 59.0 | 4% |
| 2015 | 296,193 | 446,943 | −150,750 | 45.2 | 4% |
| 2016 | 4,771,472 | 346,144 | 4,425,328 | 211.7 | 5% |
| 2017 | 307,249 | 4,390,175 | −4,082,926 | 5.5 | 0% |
| 2018 | 312,117 | 357,690 | −45,573 | 66.4 | 6% |
| 2019 | 308,792 | 313,995 | −5,203 | 75.4 | 9% |
| 2020 | 294,117 | 388,700 | −94,583 | 58.0 | 7% |
| 2021 | 288,952 | 416,631 | −127,679 | 50.4 | 7% |
| 2022 | 319,352 | 371,137 | −51,785 | 55.0 | 7% |
| 2023 | 388,342 | 419,078 | −30,736 | 47.8 | 4% |
In its most recent public year (2023), this organization spent $30,736 more than it brought in. Its reserves stood at about 47.8 months of spending, down from 102.8 in 2011. Staff pay was 4% 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
Phipps Affordable Housing Development Fund 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