Neighborhood Housing Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 94,031 | 100,507 | −6,476 | -0.8 | — |
| 2020 | 100,626 | 115,632 | −15,006 | -2.2 | — |
| 2021 | 194,856 | 182,535 | 12,321 | -0.6 | 51% |
| 2022 | 10,114,286 | 824,336 | 9,289,950 | 135.1 | 53% |
| 2023 | 1,043,895 | 1,523,085 | −479,190 | 69.1 | 50% |
In its most recent public year (2023), this organization spent $479,190 more than it brought in. Its reserves stood at about 69.1 months of spending, up from -0.8 in 2019. Staff pay was 50% of spending. $145,000 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 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
Neighborhood Housing Community Development 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