Rural Communities Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,478,044 | 6,747,892 | −1,269,848 | 16.0 | 16% |
| 2012 | 7,566,315 | 4,536,628 | 3,029,687 | 33.0 | 25% |
| 2013 | 3,311,563 | 3,579,874 | −268,311 | 40.7 | 31% |
| 2014 | 3,337,472 | 3,669,747 | −332,275 | 33.1 | 36% |
| 2015 | 3,595,537 | 3,871,151 | −275,614 | 30.2 | 37% |
| 2016 | 4,103,581 | 3,520,183 | 583,398 | 33.6 | 41% |
| 2017 | 3,483,151 | 3,244,283 | 238,868 | 35.4 | 8% |
| 2018 | 3,532,093 | 3,421,305 | 110,788 | 32.6 | 41% |
| 2019 | 2,937,221 | 3,919,087 | −981,866 | 25.3 | 43% |
| 2020 | 3,960,968 | 4,006,659 | −45,691 | 29.3 | 46% |
| 2021 | 5,006,082 | 4,066,474 | 939,608 | 30.5 | 44% |
| 2022 | 5,338,486 | 4,511,457 | 827,029 | 28.0 | 41% |
| 2023 | 8,533,146 | 4,329,478 | 4,203,668 | 40.4 | 44% |
In its most recent public year (2023), this organization brought in $4,203,668 more than it spent. Its reserves stood at about 40.4 months of spending, up from 16 in 2011. Staff pay was 44% of spending. $5,563,591 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
Rural Communities Housing Development 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