Clt Interboro Clt Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,724,762 | 524,401 | 1,200,361 | 27.5 | 0% |
| 2019 | 200,000 | 369,248 | −169,248 | 33.5 | 0% |
| 2020 | 1,115,000 | 386,485 | 728,515 | 54.6 | 33% |
| 2021 | 0 | 165,472 | −165,472 | 115.6 | 42% |
| 2022 | 311,735 | 311,658 | 77 | 51.3 | 22% |
| 2023 | 161,810 | 244,409 | −82,599 | 63.4 | 0% |
In its most recent public year (2023), this organization spent $82,599 more than it brought in. Its reserves stood at about 63.4 months of spending, up from 27.5 in 2018. Staff pay was 0% of spending. $1,020,890 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 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
Clt Interboro Clt Housing Development Fund Corporation'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