New Directions Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,477,289 | 5,882,923 | 594,366 | 27.8 | 55% |
| 2012 | 6,116,545 | 5,811,024 | 305,521 | 30.4 | 52% |
| 2013 | 8,156,855 | 6,933,655 | 1,223,200 | 27.6 | 43% |
| 2014 | 7,040,841 | 7,133,965 | −93,124 | 27.4 | 45% |
| 2015 | 6,159,554 | 6,122,838 | 36,716 | 32.0 | 51% |
| 2016 | 7,657,097 | 6,897,895 | 759,202 | 30.3 | 50% |
| 2017 | 6,477,236 | 7,499,438 | −1,022,202 | 26.1 | 50% |
| 2018 | 6,350,807 | 7,234,088 | −883,281 | 25.5 | 53% |
| 2019 | 7,553,800 | 7,173,453 | 380,347 | 26.4 | 54% |
| 2020 | 7,845,904 | 7,685,745 | 160,159 | 21.7 | 42% |
| 2021 | 9,868,214 | 9,869,389 | −1,175 | 16.9 | 31% |
| 2022 | 9,717,897 | 11,385,018 | −1,667,121 | 12.9 | 31% |
| 2023 | 21,004,769 | 12,338,105 | 8,666,664 | 20.3 | 34% |
In its most recent public year (2023), this organization brought in $8,666,664 more than it spent. Its reserves stood at about 20.3 months of spending, down from 27.8 in 2011. Staff pay was 34% of spending. $830,366 of its net assets are donor-restricted.
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 Directions 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