Development Corporation Of Columbia Heights Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 943,295 | 1,283,886 | −340,591 | 16.4 | 32% |
| 2020 | 563,431 | 722,508 | −159,077 | 26.4 | 40% |
| 2021 | 491,427 | 861,939 | −370,512 | 17.0 | 40% |
| 2022 | 906,697 | 771,839 | 134,858 | 21.1 | 31% |
| 2023 | 659,745 | 703,642 | −43,897 | 23.1 | 37% |
In its most recent public year (2023), this organization spent $43,897 more than it brought in. Its reserves stood at about 23.1 months of spending, up from 16.4 in 2019. Staff pay was 37% 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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