Downing Housing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,918 | 87,849 | −11,931 | -18.5 | — |
| 2021 | 78,425 | 83,541 | −5,116 | -20.1 | — |
| 2022 | 76,137 | 90,966 | −14,829 | -20.5 | — |
| 2023 | 83,492 | 85,938 | −2,446 | -22.0 | — |
In its most recent public year (2023), this organization spent $2,446 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22 months), down from -18.5 in 2020.
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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