Burbank Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,935,649 | 7,709,150 | 2,226,499 | 28.2 | 6% |
| 2012 | 8,911,676 | 8,113,551 | 798,125 | 29.7 | 6% |
| 2013 | 9,147,126 | 5,822,346 | 3,324,780 | 41.5 | 8% |
| 2014 | 7,163,174 | 5,883,296 | 1,279,878 | 41.8 | 11% |
| 2015 | 5,303,059 | 5,893,409 | −590,350 | 35.2 | 3% |
| 2016 | 6,498,590 | 6,586,902 | −88,312 | 32.3 | 9% |
| 2017 | 9,160,633 | 6,861,003 | 2,299,630 | 35.1 | 12% |
| 2018 | 15,486,697 | 6,409,776 | 9,076,921 | 54.7 | 10% |
| 2019 | 12,791,623 | 12,880,101 | −88,478 | 27.3 | 15% |
| 2020 | 11,936,177 | 16,287,629 | −4,351,452 | 18.8 | 16% |
| 2021 | 16,261,747 | 16,992,054 | −730,307 | 19.9 | 16% |
| 2022 | 69,956,590 | 18,810,477 | 51,146,113 | 57.7 | 15% |
| 2023 | 15,809,660 | 25,771,273 | −9,961,613 | 36.4 | 11% |
In its most recent public year (2023), this organization spent $9,961,613 more than it brought in. Its reserves stood at about 36.4 months of spending, up from 28.2 in 2011. Staff pay was 11% of spending. $3,600,151 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
Burbank 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