Brookset Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 442,897 | 632,102 | −189,205 | 56.9 | 0% |
| 2021 | 445,872 | 551,811 | −105,939 | 62.9 | 0% |
| 2022 | 510,664 | 572,648 | −61,984 | 59.3 | 0% |
| 2023 | 468,094 | 675,736 | −207,642 | 46.6 | 0% |
In its most recent public year (2023), this organization spent $207,642 more than it brought in. Its reserves stood at about 46.6 months of spending, down from 56.9 in 2020. 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
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