Metropolitan Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,249 | 526,819 | −329,570 | 44.6 | 51% |
| 2012 | 255,625 | 620,591 | −364,966 | 30.8 | 35% |
| 2013 | 248,596 | 441,526 | −192,930 | 38.1 | 21% |
| 2014 | 253,382 | 419,233 | −165,851 | 35.4 | 13% |
| 2015 | 324,481 | 389,144 | −64,663 | 45.2 | 18% |
| 2016 | 547,249 | 347,568 | 199,681 | 53.3 | 20% |
| 2017 | 243,682 | 260,533 | −16,851 | 70.3 | 27% |
| 2018 | 425,492 | 715,943 | −290,451 | 20.7 | 18% |
| 2019 | 1,317,223 | 363,496 | 953,727 | 72.3 | 32% |
| 2020 | 31,298 | 977,822 | −946,524 | 15.3 | 21% |
| 2021 | 827,639 | 276,885 | 550,754 | 77.7 | 70% |
| 2022 | 79,374 | 454,708 | −375,334 | 37.4 | 39% |
| 2023 | 97,051 | 248,110 | −151,059 | 61.3 | 42% |
In its most recent public year (2023), this organization spent $151,059 more than it brought in. Its reserves stood at about 61.3 months of spending, up from 44.6 in 2011. Staff pay was 42% 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
Metropolitan Housing 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