Housing Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,573,485 | 1,454,060 | 119,425 | 8.2 | 62% |
| 2012 | 2,153,658 | 1,521,878 | 631,780 | 12.8 | 65% |
| 2013 | 1,838,511 | 1,545,073 | 293,438 | 14.9 | 62% |
| 2014 | 1,779,985 | 1,567,917 | 212,068 | 16.3 | 60% |
| 2015 | 2,727,164 | 1,717,109 | 1,010,055 | 22.0 | 64% |
| 2016 | 1,869,873 | 1,959,479 | −89,606 | 18.7 | 69% |
| 2017 | 2,242,958 | 2,276,765 | −33,807 | 15.9 | 65% |
| 2018 | 2,543,252 | 2,383,293 | 159,959 | 16.0 | 67% |
| 2019 | 2,717,689 | 2,651,130 | 66,559 | 14.7 | 69% |
| 2020 | 3,364,211 | 2,985,389 | 378,822 | 14.6 | 67% |
| 2021 | 3,107,323 | 2,939,304 | 168,019 | 15.5 | 67% |
| 2022 | 3,244,688 | 2,683,552 | 561,136 | 19.5 | 70% |
| 2023 | 3,242,688 | 3,139,997 | 102,691 | 17.0 | 72% |
In its most recent public year (2023), this organization brought in $102,691 more than it spent. Its reserves stood at about 17 months of spending, up from 8.2 in 2011. Staff pay was 72% of spending. $86,943 of its net assets are donor-restricted.
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
Housing Development Center Inc'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