Mission First Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 34,241 | 234,048 | −199,807 | -8.3 | — |
| 2011 | 368,684 | 581,808 | −213,124 | -7.7 | 55% |
| 2012 | 1,005,830 | 906,538 | 99,292 | -4.5 | 39% |
| 2013 | 2,993,921 | 1,031,665 | 1,962,256 | 29.2 | 45% |
| 2014 | 3,056,551 | 2,283,444 | 773,107 | 17.3 | 47% |
| 2015 | 3,104,791 | 2,606,051 | 498,740 | 17.4 | 41% |
| 2016 | 2,894,486 | 3,309,274 | −414,788 | 12.2 | 42% |
| 2017 | 3,781,862 | 2,718,360 | 1,063,502 | 21.3 | 53% |
| 2018 | 8,050,070 | 4,120,751 | 3,929,319 | 25.5 | 39% |
| 2019 | 8,171,661 | 3,267,055 | 4,904,606 | 50.2 | 50% |
| 2020 | 4,346,026 | 2,510,781 | 1,835,245 | 74.1 | 63% |
| 2021 | 10,576,557 | 2,688,613 | 7,887,944 | 103.8 | 58% |
| 2022 | 6,447,258 | 2,601,512 | 3,845,746 | 123.0 | 60% |
| 2023 | 9,940,669 | 2,499,790 | 7,440,879 | 192.1 | 63% |
In its most recent public year (2023), this organization brought in $7,440,879 more than it spent. Its reserves stood at about 192.1 months of spending, up from -8.3 in 2010. Staff pay was 63% of spending. $22,210,032 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
Mission First 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