State Housing & Community Services Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 11,265,963 | 12,159,811 | −893,848 | 7.3 | 33% |
| 2022 | 3,790,121 | 6,818,391 | −3,028,270 | -8.1 | 0% |
In its most recent public year (2022), this organization spent $3,028,270 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.1 months), down from 7.3 in 2021. 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 2022. 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
State Housing & Community Services Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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