South Brooklyn Renewal Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 136,868 | 116,818 | 20,050 | 2.1 | 0% |
| 2013 | 136,868 | 116,818 | 20,050 | 2.1 | 0% |
| 2014 | 248,460 | 446,031 | −197,571 | -11.6 | 0% |
| 2015 | 339,973 | 412,717 | −72,744 | -22.2 | 3% |
| 2016 | 1,898,881 | 1,089,470 | 809,411 | 0.5 | 1% |
| 2017 | 302,954 | 352,296 | −49,342 | -0.1 | 9% |
| 2018 | 343,410 | 412,524 | −69,114 | -2.1 | 9% |
| 2019 | 294,601 | 383,412 | −88,811 | -5.1 | 9% |
| 2020 | 319,227 | 439,011 | −119,784 | -7.7 | 17% |
| 2021 | 345,497 | 441,417 | −95,920 | -10.3 | 17% |
| 2022 | 434,917 | 412,217 | 22,700 | -10.3 | 15% |
| 2023 | 322,522 | 378,483 | −55,961 | -6.3 | 17% |
In its most recent public year (2023), this organization spent $55,961 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.3 months), down from 2.1 in 2012. Staff pay was 17% 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
South Brooklyn Renewal 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