Kingsport Residential Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 44,790 | 63,773 | −18,983 | 54.4 | — |
| 2013 | 44,332 | 60,309 | −15,977 | 54.4 | — |
| 2014 | 42,974 | 59,123 | −16,149 | 52.2 | — |
| 2015 | 49,400 | 70,973 | −21,573 | 39.8 | — |
| 2016 | 53,213 | 68,772 | −15,559 | 38.4 | — |
| 2017 | 45,040 | 66,661 | −21,621 | 35.7 | — |
| 2018 | 56,334 | 83,453 | −27,119 | 24.6 | — |
| 2019 | 55,827 | 74,677 | −18,850 | 42.4 | — |
| 2020 | 62,844 | 69,745 | −6,901 | 25.0 | — |
| 2021 | 59,036 | 78,350 | −19,314 | 19.3 | — |
| 2022 | 334,557 | 100,667 | 233,890 | 42.9 | 0% |
| 2023 | 222,943 | 132,907 | 90,036 | 40.6 | 0% |
| 2024 | 65,990 | 142,271 | −76,281 | 31.5 | 0% |
In its most recent public year (2024), this organization spent $76,281 more than it brought in. Its reserves stood at about 31.5 months of spending, down from 54.4 in 2012. 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 2024. 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
Kingsport Residential Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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