Hudson Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 58,453 | 50,990 | 7,463 | -25.0 | 2% |
| 2021 | 68,969 | 60,159 | 8,810 | -21.2 | 5% |
| 2022 | 69,776 | 54,358 | 15,418 | -36.8 | 6% |
| 2023 | 77,879 | 61,544 | 16,335 | -30.1 | 5% |
In its most recent public year (2023), this organization brought in $16,335 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-30.1 months), down from -25 in 2020. Staff pay was 5% 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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