Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,770 | 89,364 | −51,594 | 117.2 | 0% |
| 2021 | 78,654 | 64,576 | 14,078 | 164.9 | 0% |
| 2022 | 169,667 | 89,489 | 80,178 | 129.7 | 0% |
| 2023 | 51,463 | 48,521 | 2,942 | 232.5 | 0% |
| 2024 | 384,811 | 94,164 | 290,647 | 156.9 | 0% |
In its most recent public year (2024), this organization brought in $290,647 more than it spent. Its reserves stood at about 156.9 months of spending, up from 117.2 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 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
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