Middletown Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 124,648 | 96,473 | 28,175 | 52.5 | 8% |
| 2021 | 73,740 | 118,001 | −44,261 | 38.4 | 7% |
| 2022 | 75,985 | 98,191 | −22,206 | 43.5 | 11% |
| 2023 | 78,375 | 97,553 | −19,178 | 41.4 | 12% |
In its most recent public year (2023), this organization spent $19,178 more than it brought in. Its reserves stood at about 41.4 months of spending, down from 52.5 in 2020. Staff pay was 12% 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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