Clarion County Housing And Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 108,315 | 66,647 | 41,668 | 44.3 | 30% |
| 2021 | 154,377 | 96,887 | 57,490 | 37.6 | 37% |
| 2022 | 300,345 | 203,119 | 97,226 | 23.7 | 28% |
| 2023 | 515,692 | 339,601 | 176,091 | 20.4 | 16% |
In its most recent public year (2023), this organization brought in $176,091 more than it spent. Its reserves stood at about 20.4 months of spending, down from 44.3 in 2020. Staff pay was 16% 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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