Neighborhood Renewal Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,436,950 | 1,244,706 | 2,192,244 | 21.1 | 5% |
| 2020 | 1,122,916 | 2,244,991 | −1,122,075 | 5.7 | 7% |
| 2021 | 3,393,057 | 6,751,642 | −3,358,585 | -4.5 | 1% |
| 2022 | 4,130,076 | 5,175,135 | −1,045,059 | -8.3 | 0% |
| 2023 | 568,260 | 4,322,178 | −3,753,918 | -20.3 | 0% |
In its most recent public year (2023), this organization spent $3,753,918 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.3 months), down from 21.1 in 2019. Staff pay was 0% 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
Neighborhood Renewal 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