Frederick United Methodist Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 328,463 | 299,831 | 28,632 | -12.7 | 0% |
| 2013 | 328,382 | 314,943 | 13,439 | -11.6 | 0% |
| 2014 | 335,943 | 334,208 | 1,735 | -10.8 | 18% |
| 2015 | 338,077 | 341,476 | −3,399 | -10.7 | 18% |
| 2016 | 337,800 | 357,894 | −20,094 | -10.9 | 18% |
| 2017 | 336,600 | 359,286 | −22,686 | -11.6 | 21% |
| 2018 | 338,798 | 369,829 | −31,031 | -12.3 | 22% |
| 2019 | 349,101 | 537,319 | −188,218 | -12.7 | 10% |
| 2020 | 354,034 | 377,110 | −23,076 | -18.8 | 13% |
| 2021 | 362,378 | 388,371 | −25,993 | -19.0 | 15% |
| 2022 | 370,849 | 395,559 | −24,710 | -19.4 | 17% |
| 2023 | 372,420 | 392,633 | −20,213 | -20.2 | 18% |
In its most recent public year (2023), this organization spent $20,213 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.2 months), down from -12.7 in 2012. Staff pay was 18% 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
Frederick United Methodist 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