Wesley Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,360,238 | 3,994,072 | 366,166 | 32.1 | 56% |
| 2012 | 3,799,159 | 4,484,378 | −685,219 | 26.6 | 51% |
| 2013 | 2,657,635 | 3,877,270 | −1,219,635 | 32.5 | 60% |
| 2014 | 6,419,729 | 4,068,615 | 2,351,114 | 31.6 | 59% |
| 2015 | 7,098,381 | 5,262,657 | 1,835,724 | 29.2 | 51% |
| 2016 | 11,628,709 | 4,881,327 | 6,747,382 | 48.0 | 54% |
| 2017 | 7,252,191 | 6,900,257 | 351,934 | 34.6 | 5% |
| 2018 | 6,275,528 | 6,125,578 | 149,950 | 39.3 | 6% |
| 2019 | 10,596,705 | 8,677,867 | 1,918,838 | 30.4 | 5% |
| 2020 | 16,794,588 | 8,170,339 | 8,624,249 | 44.9 | 6% |
| 2021 | 12,100,793 | 7,442,230 | 4,658,563 | 53.9 | 17% |
| 2022 | 11,248,195 | 10,177,726 | 1,070,469 | 31.6 | 14% |
| 2023 | 13,972,178 | 14,917,911 | −945,733 | 20.8 | 12% |
In its most recent public year (2023), this organization spent $945,733 more than it brought in. Its reserves stood at about 20.8 months of spending, down from 32.1 in 2011. Staff pay was 12% of spending. $621,101 of its net assets are donor-restricted.
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
Wesley 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