Metropolitan Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 302,393 | 253,714 | 48,679 | -32.5 | 9% |
| 2013 | 157,576 | 272,021 | −114,445 | -35.4 | 7% |
| 2014 | 148,425 | 259,667 | −111,242 | -42.2 | 7% |
| 2015 | 205,035 | 466,845 | −261,810 | -30.2 | 4% |
| 2016 | 228,767 | 513,900 | −285,133 | -34.1 | 2% |
| 2017 | 237,152 | 545,521 | −308,369 | -38.9 | 5% |
| 2018 | 236,395 | 404,521 | −168,126 | -57.4 | 6% |
| 2019 | 170,675 | 415,235 | −244,560 | -63.0 | 7% |
| 2020 | 240,497 | 384,005 | −143,508 | -72.6 | 10% |
| 2021 | 146,752 | 253,630 | −106,878 | -115.0 | 18% |
| 2022 | 166,681 | 290,399 | −123,718 | -105.6 | 14% |
| 2023 | 213,013 | 351,422 | −138,409 | -92.0 | 11% |
In its most recent public year (2023), this organization spent $138,409 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-92 months), down from -32.5 in 2012. Staff pay was 11% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works