Hometown Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,503,239 | 15,933,132 | 4,570,107 | 3.8 | 3% |
| 2012 | 40,011,264 | 36,974,443 | 3,036,821 | 2.6 | 2% |
| 2013 | 55,394,853 | 40,568,335 | 14,826,518 | 6.8 | 2% |
| 2014 | 19,032,108 | 19,014,021 | 18,087 | 14.5 | 6% |
| 2015 | 6,694,094 | 16,499,959 | −9,805,865 | 9.6 | 5% |
| 2016 | 4,288,168 | 5,408,237 | −1,120,069 | 26.7 | 15% |
| 2017 | 1,428,897 | 3,179,917 | −1,751,020 | 38.8 | 30% |
| 2018 | 3,476,082 | 5,365,498 | −1,889,416 | 18.8 | 17% |
| 2019 | 11,433,074 | 13,217,874 | −1,784,800 | 6.0 | 7% |
| 2020 | 3,411,064 | 5,080,677 | −1,669,613 | 11.7 | 13% |
| 2021 | 4,353,028 | 5,003,991 | −650,963 | 10.3 | 12% |
| 2022 | 11,019,189 | 2,821,431 | 8,197,758 | 53.1 | 12% |
| 2023 | 1,937,240 | 4,353,215 | −2,415,975 | 27.7 | 17% |
In its most recent public year (2023), this organization spent $2,415,975 more than it brought in. Its reserves stood at about 27.7 months of spending, up from 3.8 in 2011. Staff pay was 17% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works