Murray Ridge Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 459,570 | 398,271 | 61,299 | 71.5 | 0% |
| 2020 | 664,138 | 404,357 | 259,781 | 78.1 | 0% |
| 2021 | 435,485 | 449,639 | −14,154 | 69.9 | 0% |
| 2022 | 401,576 | 458,234 | −56,658 | 67.1 | 0% |
| 2023 | 657,045 | 410,759 | 246,286 | 82.1 | 0% |
In its most recent public year (2023), this organization brought in $246,286 more than it spent. Its reserves stood at about 82.1 months of spending, up from 71.5 in 2019. Staff pay was 0% of spending. $2,808,608 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
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