Townsend Home Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 363,748 | 305,579 | 58,169 | 2.3 | 14% |
| 2016 | 667,954 | 622,210 | 45,744 | 2.0 | 9% |
| 2017 | 424,427 | 644,125 | −219,698 | -2.2 | 6% |
| 2018 | 400,300 | 434,100 | −33,800 | -4.1 | 6% |
| 2019 | 360,029 | 458,867 | −98,838 | -6.5 | 8% |
| 2020 | 387,704 | 443,128 | −55,424 | -8.2 | 6% |
| 2021 | 392,753 | 443,977 | −51,224 | -9.6 | 7% |
| 2022 | 425,421 | 536,705 | −111,284 | -10.4 | 6% |
| 2023 | 455,976 | 522,509 | −66,533 | -12.2 | 8% |
In its most recent public year (2023), this organization spent $66,533 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.2 months), down from 2.3 in 2015. Staff pay was 8% 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
Townsend Home Housing Development Fund Company Inc'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