Abode Housing Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 587,566 | 759,920 | −172,354 | 4.9 | 0% |
| 2012 | 967,075 | 708,324 | 258,751 | 9.7 | 0% |
| 2013 | 385,763 | 761,632 | −375,869 | 3.1 | 0% |
| 2014 | 462,457 | 779,196 | −316,739 | -1.9 | 0% |
| 2015 | 786,154 | 816,277 | −30,123 | -2.2 | 30% |
| 2016 | 848,886 | 1,150,563 | −301,677 | -4.7 | 25% |
| 2017 | 2,060,583 | 2,335,512 | −274,929 | -3.7 | 21% |
| 2018 | 4,303,954 | 3,177,560 | 1,126,394 | 1.5 | 26% |
| 2019 | 3,952,115 | 3,794,380 | 157,735 | 2.0 | 35% |
| 2020 | 5,451,961 | 4,781,990 | 669,971 | 6.6 | 29% |
| 2021 | 10,420,708 | 4,210,937 | 6,209,771 | 25.2 | 31% |
| 2022 | 7,841,164 | 5,946,118 | 1,895,046 | 34.1 | 32% |
| 2023 | 13,604,800 | 6,355,732 | 7,249,068 | 44.2 | 33% |
In its most recent public year (2023), this organization brought in $7,249,068 more than it spent. Its reserves stood at about 44.2 months of spending, up from 4.9 in 2011. Staff pay was 33% of spending. $6,000,000 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
Abode Housing Development'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