Operating record

Montgomery Housing Inc

Gaithersburg, MD · EIN 52-2159657 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$60,538$103,020−$42,482-54.80%
2021$74,226$103,108−$28,882-58.10%
2022$82,792$139,293−$56,501-47.90%
2023$80,042$126,581−$46,539-57.10%

In its most recent public year (2023), this organization spent $46,539 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-57.1 months), down from -54.8 in 2020. Staff pay was 0% 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 ↗