Morselife Housing Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,910,669 | 8,227,445 | 683,224 | -4.6 | 28% |
| 2012 | 9,368,267 | 8,225,056 | 1,143,211 | -9.1 | 29% |
| 2013 | 9,518,511 | 8,333,053 | 1,185,458 | -6.0 | 28% |
| 2014 | 10,036,436 | 9,117,088 | 919,348 | -3.2 | 27% |
| 2015 | 10,481,474 | 9,632,125 | 849,349 | -2.7 | 28% |
| 2016 | 21,187,544 | 10,218,874 | 10,968,670 | 7.3 | 30% |
| 2017 | 13,773,872 | 10,345,359 | 3,428,513 | 13.4 | 31% |
| 2018 | 15,566,767 | 15,423,713 | 143,054 | 12.3 | 30% |
| 2019 | 21,123,192 | 25,528,132 | −4,404,940 | 3.8 | 24% |
| 2020 | 23,814,131 | 28,473,392 | −4,659,261 | -4.1 | 26% |
| 2021 | 23,935,448 | 27,366,370 | −3,430,922 | -1.5 | 26% |
| 2022 | 25,757,554 | 30,405,527 | −4,647,973 | 1.5 | 28% |
| 2023 | 28,788,054 | 32,582,378 | −3,794,324 | 1.7 | 30% |
In its most recent public year (2023), this organization spent $3,794,324 more than it brought in. Its reserves stood at about 1.7 months of spending, up from -4.6 in 2011. Staff pay was 30% 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
Morselife Housing Corporation Inc'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