Thomas Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,319 | 83,908 | −20,589 | 61.1 | 0% |
| 2021 | 63,810 | 84,523 | −20,713 | 57.7 | 0% |
| 2022 | 65,652 | 89,376 | −23,724 | 51.4 | 0% |
| 2023 | 64,500 | 90,999 | −26,499 | 47.0 | 0% |
In its most recent public year (2023), this organization spent $26,499 more than it brought in. Its reserves stood at about 47 months of spending, down from 61.1 in 2020. 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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