Restoring Communities Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 47,514 | 20,353 | 27,161 | -33.4 | 42% |
| 2014 | 0 | 2,522 | −2,522 | -281.8 | — |
| 2015 | 82,500 | 44,548 | 37,952 | -5.7 | — |
| 2016 | 0 | 64,062 | −64,062 | -16.0 | — |
| 2017 | 500 | 86,253 | −85,753 | -23.8 | — |
| 2018 | 642,000 | 386,270 | 255,730 | 2.6 | 14% |
| 2019 | 549,500 | 113,838 | 435,662 | 54.8 | 52% |
| 2020 | 248,500 | 126,326 | 122,174 | 61.0 | 54% |
| 2021 | 323,336 | 162,179 | 161,157 | 59.5 | 60% |
| 2022 | 2,883,500 | 2,656,225 | 227,275 | 4.7 | 0% |
| 2023 | 682,500 | 924,059 | −241,559 | 10.3 | 0% |
In its most recent public year (2023), this organization spent $241,559 more than it brought in. Its reserves stood at about 10.3 months of spending, up from -33.4 in 2013. Staff pay was 0% 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
Restoring Communities Housing Development Fund 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