Hoc Lending Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1 | 4,862 | −4,861 | 610.0 | — |
| 2018 | 35,310 | 20,426 | 14,884 | 153.9 | — |
| 2019 | 22,134 | 25,284 | −3,150 | 122.9 | — |
| 2020 | 81,182 | 38,166 | 43,016 | 94.9 | — |
| 2021 | 583,035 | 117,751 | 465,284 | 78.2 | 70% |
| 2022 | 144,586 | 164,341 | −19,755 | 65.0 | 58% |
| 2023 | 171,497 | 179,762 | −8,265 | 58.9 | 61% |
In its most recent public year (2023), this organization spent $8,265 more than it brought in. Its reserves stood at about 58.9 months of spending, down from 610 in 2017. Staff pay was 61% 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
Hoc Lending Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works