Massachusetts Avenue Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 459,592 | 12,339 | 447,253 | 570.7 | 0% |
| 2013 | 228,428 | 190,072 | 38,356 | 39.5 | 2% |
| 2014 | 54,432 | 115,333 | −60,901 | 58.7 | 0% |
| 2015 | 60,533 | 99,098 | −38,565 | 63.7 | 0% |
| 2016 | 54,591 | 105,589 | −50,998 | 53.9 | 0% |
| 2017 | 66,033 | 112,508 | −46,475 | 45.7 | 0% |
| 2018 | 63,126 | 107,713 | −44,587 | 42.7 | 0% |
| 2019 | 68,558 | 105,468 | −36,910 | 39.4 | 0% |
| 2020 | 59,277 | 101,013 | −41,736 | 36.2 | 0% |
| 2021 | 67,331 | 112,396 | −45,065 | 27.8 | 0% |
| 2022 | 102,987 | 127,988 | −25,001 | 22.0 | 0% |
| 2023 | 81,732 | 130,405 | −48,673 | 17.1 | 0% |
In its most recent public year (2023), this organization spent $48,673 more than it brought in. Its reserves stood at about 17.1 months of spending, down from 570.7 in 2012. 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
Massachusetts Avenue 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