Desire Community Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 190,079 | 186,953 | 3,126 | 17.1 | — |
| 2022 | 145,713 | 140,765 | 4,948 | 23.1 | — |
| 2023 | 1,616,959 | 823,103 | 793,856 | 16.4 | 2% |
In its most recent public year (2023), this organization brought in $793,856 more than it spent. Its reserves stood at about 16.4 months of spending. Staff pay was 2% of spending. $636,979 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
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