Carpenter Housing Development Fund Co Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $300,768 | $354,931 | −$54,163 | -35.7 | 27% |
| 2021 | $322,429 | $381,618 | −$59,189 | -35.0 | 28% |
| 2022 | $325,359 | $357,268 | −$31,909 | -38.5 | 27% |
| 2023 | $342,106 | $353,097 | −$10,991 | -39.3 | 27% |
In its most recent public year (2023), this organization spent $10,991 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.3 months), down from -35.7 in 2020. Staff pay was 27% 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 ↗
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