Residents Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 154,430 | 180,300 | −25,870 | 24.6 | — |
| 2012 | 160,097 | 204,366 | −44,269 | 19.3 | — |
| 2013 | 169,260 | 202,016 | −32,756 | 17.8 | — |
| 2014 | 54,190 | 86,125 | −31,935 | 35.2 | — |
| 2015 | 820,517 | 100,726 | 719,791 | 76.6 | 13% |
| 2016 | 15,552 | 94,846 | −79,294 | 70.2 | 13% |
| 2017 | 91,735 | 94,907 | −3,172 | 56.9 | 12% |
| 2018 | 30,291 | 99,194 | −68,903 | 46.1 | 14% |
| 2021 | 75,991 | 100,201 | −24,210 | 39.0 | — |
| 2022 | 178,464 | 104,267 | 74,197 | 46.1 | — |
| 2023 | 94,861 | 89,297 | 5,564 | 54.5 | — |
In its most recent public year (2023), this organization brought in $5,564 more than it spent. Its reserves stood at about 54.5 months of spending, up from 24.6 in 2011.
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
Residents 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