Affordable Housing Cdc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 717,949 | 375,224 | 342,725 | 224.4 | 82% |
| 2022 | 2,844,579 | 402,112 | 2,442,467 | 282.2 | 83% |
| 2023 | 1,467,015 | 434,013 | 1,033,002 | 290.1 | 84% |
| 2024 | 2,593,860 | 1,412,892 | 1,180,968 | 99.1 | 26% |
In its most recent public year (2024), this organization brought in $1,180,968 more than it spent. Its reserves stood at about 99.1 months of spending, down from 224.4 in 2021. Staff pay was 26% of spending. $1,000,000 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 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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