Metropolitan Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 132,416 | 58,379 | 74,037 | 23.4 | — |
| 2012 | −516,684 | 49,216 | −565,900 | 1826.5 | 5% |
| 2013 | −605,842 | 29,761 | −635,603 | 2764.2 | 3% |
| 2014 | −425,557 | 21,716 | −447,273 | 3541.0 | 0% |
| 2015 | −140,330 | 30,593 | −170,923 | 2446.5 | 0% |
| 2016 | −221,235 | 27,988 | −249,223 | 2567.4 | 9% |
| 2017 | −487,014 | 24,919 | −511,933 | 2637.0 | 0% |
| 2018 | −508,905 | 22,897 | −531,802 | 2589.2 | 0% |
| 2019 | −475,007 | 142,173 | −617,180 | 365.0 | 76% |
| 2020 | −468,015 | 155,054 | −623,069 | 286.5 | 79% |
| 2021 | −737,318 | 59,667 | −796,985 | 584.1 | 25% |
| 2022 | 1,132,959 | 1,951,981 | −819,022 | 1.3 | 11% |
| 2023 | 653,799 | 2,137,391 | −1,483,592 | -8.2 | 6% |
In its most recent public year (2023), this organization spent $1,483,592 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.2 months), down from 23.4 in 2011. Staff pay was 6% 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
Metropolitan Housing 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