Milpitas Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,434 | 863,212 | −714,778 | -115.6 | 0% |
| 2012 | 165,962 | 927,025 | −761,063 | -117.5 | 0% |
| 2013 | 153,272 | 878,315 | −725,043 | -133.9 | 0% |
| 2014 | 144,059 | 666,785 | −522,726 | -185.8 | 0% |
| 2015 | 164,738 | 532,307 | −367,569 | -241.0 | 0% |
| 2016 | 116,227 | 685,442 | −569,215 | -197.1 | 0% |
| 2017 | 101,021 | 338,785 | −237,764 | -407.2 | 0% |
| 2018 | 64,761 | 43,817 | 20,944 | -3142.6 | 0% |
| 2019 | 45,508 | 1,828,709 | −1,783,201 | -87.0 | 0% |
| 2020 | 1,616,867 | 47,281 | 1,569,586 | -2966.6 | 0% |
| 2021 | 658,979 | 3,296,068 | −2,637,089 | -52.2 | 0% |
| 2022 | 51,165 | 1,159,924 | −1,108,759 | -159.7 | 0% |
| 2023 | 722,987 | 1,189,284 | −466,297 | -160.4 | 0% |
In its most recent public year (2023), this organization spent $466,297 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-160.4 months), down from -115.6 in 2011. Staff pay was 0% 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
Milpitas Housing 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