Housing Resource Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 545,111 | 551,948 | −6,837 | -8.8 | 0% |
| 2012 | 555,283 | 574,514 | −19,231 | -8.8 | 0% |
| 2013 | 563,942 | 666,555 | −102,613 | -9.5 | 0% |
| 2014 | 567,678 | 581,373 | −13,695 | -11.1 | 0% |
| 2015 | 574,933 | 559,014 | 15,919 | -11.2 | 0% |
| 2016 | 587,691 | 566,495 | 21,196 | -10.6 | 0% |
| 2017 | 596,036 | 579,343 | 16,693 | -10.1 | 0% |
| 2018 | 603,281 | 529,582 | 73,699 | -9.3 | 0% |
| 2019 | 611,811 | 569,577 | 42,234 | -7.8 | 0% |
| 2020 | 628,177 | 574,186 | 53,991 | -6.6 | 0% |
| 2021 | 653,145 | 586,498 | 66,647 | -5.1 | 0% |
| 2022 | 699,233 | 828,554 | −129,321 | -5.5 | 0% |
| 2023 | 837,915 | 670,079 | 167,836 | -3.8 | 14% |
In its most recent public year (2023), this organization brought in $167,836 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), up from -8.8 in 2011. Staff pay was 14% 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
Housing Resource 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