Damascus House Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 176,902 | 132,980 | 43,922 | 4.6 | — |
| 2022 | 226,437 | 256,619 | −30,182 | -1.4 | 0% |
| 2023 | 616,424 | 545,954 | 70,470 | -0.8 | 44% |
In its most recent public year (2023), this organization brought in $70,470 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 4.6 in 2021. Staff pay was 44% 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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