Powers Housing Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 313,288 | 290,149 | 23,139 | -1.9 | 0% |
| 2013 | 632,091 | 308,855 | 323,236 | 10.8 | 0% |
| 2014 | 280,897 | 303,941 | −23,044 | 10.0 | 0% |
| 2015 | 287,535 | 293,805 | −6,270 | 10.1 | 0% |
| 2016 | 286,578 | 255,515 | 31,063 | 13.1 | 0% |
| 2017 | 299,171 | 236,429 | 62,742 | 17.3 | 0% |
| 2018 | 289,982 | 275,259 | 14,723 | 15.5 | 0% |
| 2019 | 279,708 | 274,523 | 5,185 | 15.8 | 0% |
| 2020 | 271,117 | 271,475 | −358 | 16.0 | 0% |
| 2021 | 270,634 | 280,288 | −9,654 | 15.0 | 0% |
| 2022 | 282,323 | 293,597 | −11,274 | 13.9 | 0% |
| 2023 | 198,939 | 382,729 | −183,790 | 4.9 | 8% |
| 2024 | 435,064 | 348,469 | 86,595 | 8.4 | 22% |
In its most recent public year (2024), this organization brought in $86,595 more than it spent. Its reserves stood at about 8.4 months of spending, up from -1.9 in 2012. Staff pay was 22% 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 2024. 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