Metropolitan Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,530,471 | 1,517,945 | 12,526 | 0.1 | 39% |
| 2016 | 1,664,939 | 1,923,906 | −258,967 | -1.5 | 34% |
| 2017 | 2,101,409 | 1,931,566 | 169,843 | -0.5 | 44% |
| 2018 | 2,311,210 | 2,129,363 | 181,847 | 0.6 | 46% |
| 2019 | 2,349,739 | 2,156,721 | 193,018 | 1.7 | 43% |
| 2020 | 2,449,721 | 2,701,011 | −251,290 | 0.9 | 22% |
| 2021 | 2,397,736 | 2,183,198 | 214,538 | 2.3 | 30% |
| 2022 | 2,098,817 | 2,269,496 | −170,679 | 1.3 | 31% |
| 2023 | 2,307,852 | 2,272,741 | 35,111 | 1.4 | 28% |
In its most recent public year (2023), this organization brought in $35,111 more than it spent. Its reserves stood at about 1.4 months of spending, up from 0.1 in 2015. Staff pay was 28% 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
Metropolitan Housing Development Corporation'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