Richmond Affordable Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,129,694 | 8,302,292 | −172,598 | 4.1 | 1% |
| 2012 | 8,587,529 | 8,323,058 | 264,471 | 4.8 | 3% |
| 2013 | 8,917,818 | 8,106,161 | 811,657 | 7.2 | 4% |
| 2014 | 6,788,631 | 4,073,083 | 2,715,548 | 18.4 | 6% |
| 2015 | 1,015,158 | 1,043,025 | −27,867 | 65.5 | 8% |
| 2016 | 4,450,744 | 2,391,645 | 2,059,099 | 47.3 | 24% |
| 2017 | 1,084,772 | 3,640,686 | −2,555,914 | 22.7 | 14% |
| 2018 | 1,956,096 | 2,285,592 | −329,496 | 29.6 | 20% |
| 2019 | 669,142 | 885,593 | −216,451 | 73.5 | 51% |
| 2020 | 1,110,435 | 977,027 | 133,408 | 68.3 | 45% |
| 2021 | 1,259,127 | 1,123,177 | 135,950 | 60.9 | 36% |
| 2022 | 784,750 | 1,206,885 | −422,135 | 52.4 | 40% |
| 2023 | 2,883,336 | 2,400,146 | 483,190 | 40.9 | 26% |
In its most recent public year (2023), this organization brought in $483,190 more than it spent. Its reserves stood at about 40.9 months of spending, up from 4.1 in 2011. Staff pay was 26% 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
Richmond Affordable Housing'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