Omega Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 388,328 | 371,373 | 16,955 | 17.6 | 55% |
| 2012 | 240,264 | 243,669 | −3,405 | 26.3 | 66% |
| 2013 | 222,472 | 221,106 | 1,366 | 29.1 | 44% |
| 2014 | 211,199 | 213,376 | −2,177 | 29.4 | 53% |
| 2015 | 393,020 | 233,102 | 159,918 | 35.4 | 49% |
| 2016 | 578,721 | 544,683 | 34,038 | 16.0 | 42% |
| 2017 | 988,756 | 520,538 | 468,218 | 27.5 | 14% |
| 2018 | 1,278,326 | 839,959 | 438,367 | 23.3 | 52% |
| 2019 | 1,285,545 | 777,474 | 508,071 | 33.0 | 64% |
| 2020 | 3,011,298 | 923,816 | 2,087,482 | 47.1 | 49% |
| 2021 | 2,240,777 | 1,149,436 | 1,091,341 | 50.3 | 48% |
| 2022 | 1,868,842 | 1,159,586 | 709,256 | 58.3 | 49% |
| 2023 | 6,632,217 | 6,148,605 | 483,612 | 11.9 | 36% |
In its most recent public year (2023), this organization brought in $483,612 more than it spent. Its reserves stood at about 11.9 months of spending, down from 17.6 in 2011. Staff pay was 36% 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
Omega Community 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