New Prospects Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,744 | 97,150 | −36,406 | 79.5 | 15% |
| 2012 | 74,108 | 101,190 | −27,082 | 73.1 | 22% |
| 2013 | 82,259 | 98,195 | −15,936 | 73.4 | 22% |
| 2014 | 80,120 | 100,895 | −20,775 | 69.0 | 22% |
| 2015 | 277,191 | 301,253 | −24,062 | 22.1 | 7% |
| 2016 | 79,357 | 107,105 | −27,748 | 59.2 | 17% |
| 2017 | 86,875 | 90,124 | −3,249 | 69.9 | 0% |
| 2018 | 84,172 | 118,874 | −34,702 | 49.5 | 0% |
| 2019 | 103,501 | 103,086 | 415 | 57.1 | 0% |
| 2020 | 119,928 | 112,290 | 7,638 | 53.2 | 0% |
| 2021 | 138,144 | 102,870 | 35,274 | 62.2 | 0% |
| 2022 | 204,976 | 112,103 | 92,873 | 67.0 | 0% |
| 2023 | 177,463 | 129,746 | 47,717 | 62.3 | 0% |
In its most recent public year (2023), this organization brought in $47,717 more than it spent. Its reserves stood at about 62.3 months of spending, down from 79.5 in 2011. 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
New Prospects Housing 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