Olivet Housing And Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,805 | 23,570 | −765 | 3.2 | 0% |
| 2012 | 28,916 | 27,466 | 1,450 | 3.4 | 0% |
| 2013 | 25,100 | 19,526 | 5,574 | 8.2 | 0% |
| 2014 | 23,400 | 21,189 | 2,211 | 8.8 | 0% |
| 2015 | 70,650 | 54,093 | 16,557 | 6.5 | — |
| 2018 | 202,202 | 144,427 | 57,775 | 8.6 | 56% |
| 2019 | 113,353 | 173,841 | −60,488 | 2.9 | — |
| 2020 | 156,705 | 110,881 | 45,824 | 9.6 | — |
| 2021 | 103,537 | 120,049 | −16,512 | 7.2 | — |
| 2022 | 299,260 | 246,850 | 52,410 | 6.0 | 59% |
| 2023 | 203,207 | 199,434 | 3,773 | 7.7 | 72% |
In its most recent public year (2023), this organization brought in $3,773 more than it spent. Its reserves stood at about 7.7 months of spending, up from 3.2 in 2011. Staff pay was 72% 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
Olivet Housing And 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