Middle Creek Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 325,387 | 322,453 | 2,934 | -16.9 | 14% |
| 2012 | 340,367 | 418,881 | −78,514 | -16.5 | 14% |
| 2013 | 347,514 | 357,366 | −9,852 | -19.7 | 16% |
| 2014 | 338,636 | 426,652 | −88,016 | -19.2 | 14% |
| 2015 | 351,714 | 373,501 | −21,787 | -22.7 | 24% |
| 2016 | 361,224 | 365,209 | −3,985 | -23.3 | 25% |
| 2017 | 395,777 | 444,526 | −48,749 | -20.5 | 15% |
| 2018 | 404,613 | 473,643 | −69,030 | -21.0 | 15% |
| 2019 | 406,290 | 416,072 | −9,782 | -24.2 | 17% |
| 2020 | 399,976 | 398,730 | 1,246 | -25.2 | 16% |
| 2021 | 392,504 | 438,374 | −45,870 | -24.1 | 13% |
| 2022 | 389,902 | 420,967 | −31,065 | -26.0 | 12% |
| 2023 | 409,055 | 360,113 | 48,942 | -28.8 | 10% |
In its most recent public year (2023), this organization brought in $48,942 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-28.8 months), down from -16.9 in 2010. Staff pay was 10% 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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