Businesses United In Investing Lending And Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,721,675 | 4,317,659 | 404,016 | 6.0 | 56% |
| 2012 | 5,580,770 | 5,616,580 | −35,810 | 4.5 | 54% |
| 2013 | 6,298,028 | 5,968,055 | 329,973 | 4.9 | 54% |
| 2014 | 7,534,497 | 6,964,773 | 569,724 | 5.2 | 59% |
| 2015 | 8,900,102 | 8,697,426 | 202,676 | 4.4 | 60% |
| 2016 | 11,934,505 | 10,083,226 | 1,851,279 | 6.0 | 61% |
| 2017 | 10,560,702 | 13,514,301 | −2,953,599 | 1.9 | 64% |
| 2018 | 9,866,121 | 9,335,723 | 530,398 | 3.4 | 67% |
| 2019 | 8,707,159 | 6,067,941 | 2,639,218 | 10.4 | 68% |
| 2020 | 9,011,533 | 7,233,837 | 1,777,696 | 11.7 | 66% |
| 2021 | 16,419,583 | 8,812,878 | 7,606,705 | 20.0 | 68% |
| 2022 | 14,977,304 | 11,340,463 | 3,636,841 | 19.2 | 62% |
| 2023 | 8,332,306 | 12,215,880 | −3,883,574 | 14.1 | 64% |
In its most recent public year (2023), this organization spent $3,883,574 more than it brought in. Its reserves stood at about 14.1 months of spending, up from 6 in 2011. Staff pay was 64% of spending. $6,584,527 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
Businesses United In Investing Lending And 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