Philotimo Housing Development Urban Renewal Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 8,302 | 1,353 | 6,949 | 61.6 | — |
| 2019 | 62,155 | 11,174 | 50,981 | 62.2 | 0% |
| 2020 | 74,367 | 29,669 | 44,698 | 41.5 | 0% |
| 2021 | 75,229 | 23,441 | 51,788 | 79.0 | 0% |
| 2022 | 9,452 | 37,521 | −28,069 | 40.4 | 0% |
| 2023 | 25,751 | 11,320 | 14,431 | 264.2 | — |
In its most recent public year (2023), this organization brought in $14,431 more than it spent. Its reserves stood at about 264.2 months of spending, up from 61.6 in 2018.
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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