Great Valley Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 173,542 | 256,694 | −83,152 | -20.0 | 3% |
| 2012 | 178,564 | 259,797 | −81,233 | -23.5 | 3% |
| 2013 | 188,115 | 262,735 | −74,620 | -26.6 | 5% |
| 2014 | 178,066 | 259,449 | −81,383 | -30.7 | 6% |
| 2015 | 171,966 | 262,179 | −90,213 | -34.5 | 6% |
| 2016 | 272,461 | 284,313 | −11,852 | -32.3 | 5% |
| 2017 | 257,280 | 274,062 | −16,782 | -34.3 | 4% |
| 2018 | 398,887 | 273,472 | 125,415 | -28.8 | 3% |
| 2019 | 213,257 | 270,695 | −57,438 | -31.7 | 3% |
| 2020 | 635,539 | 677,144 | −41,605 | -9.1 | 8% |
| 2021 | 773,824 | 864,264 | −90,440 | -8.4 | 10% |
| 2022 | 983,877 | 909,629 | 74,248 | -7.0 | 11% |
| 2023 | 895,353 | 941,651 | −46,298 | -7.4 | 10% |
In its most recent public year (2023), this organization spent $46,298 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.4 months), up from -20 in 2011. 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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