Washington Woods Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 187,278 | 214,348 | −27,070 | -10.5 | 22% |
| 2021 | 190,206 | 188,599 | 1,607 | -11.9 | 25% |
| 2022 | 189,045 | 175,964 | 13,081 | -11.8 | 21% |
| 2023 | 196,276 | 179,385 | 16,891 | -10.5 | 22% |
In its most recent public year (2023), this organization brought in $16,891 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.5 months). Staff pay was 22% 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
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