The Mortgage Capital Development Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,055,473 | 9,134,384 | −78,911 | 4.9 | 55% |
| 2012 | 9,549,904 | 9,521,437 | 28,467 | 4.7 | 58% |
| 2013 | 10,226,553 | 10,125,460 | 101,093 | 4.5 | 65% |
| 2014 | 10,133,758 | 9,505,336 | 628,422 | 5.6 | 69% |
| 2015 | 10,555,909 | 10,403,029 | 152,880 | 5.2 | 69% |
| 2016 | 10,856,690 | 10,691,071 | 165,619 | 5.2 | 65% |
| 2017 | 11,196,256 | 10,332,637 | 863,619 | 6.4 | 66% |
| 2018 | 11,968,054 | 10,368,242 | 1,599,812 | 8.2 | 66% |
| 2019 | 12,546,242 | 11,066,832 | 1,479,410 | 9.3 | 65% |
| 2020 | 13,911,258 | 13,388,875 | 522,383 | 8.2 | 63% |
| 2021 | 21,275,511 | 15,735,299 | 5,540,212 | 11.1 | 69% |
| 2022 | 19,772,313 | 19,341,008 | 431,305 | 8.9 | 65% |
| 2023 | 21,879,934 | 21,499,419 | 380,515 | 8.3 | 63% |
In its most recent public year (2023), this organization brought in $380,515 more than it spent. Its reserves stood at about 8.3 months of spending, up from 4.9 in 2011. Staff pay was 63% 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 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
The Mortgage Capital Development Company'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