Lackawanna Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,408 | 287,454 | 98,954 | 10.3 | 17% |
| 2012 | 272,352 | 221,076 | 51,276 | 16.1 | 27% |
| 2013 | 251,941 | 254,481 | −2,540 | 13.9 | 22% |
| 2014 | 184,945 | 335,074 | −150,129 | 5.2 | 34% |
| 2015 | 366,350 | 391,333 | −24,983 | 3.7 | 28% |
| 2016 | 322,092 | 437,833 | −115,741 | 0.1 | 23% |
| 2017 | 255,676 | 252,786 | 2,890 | 0.3 | 34% |
| 2018 | 447,841 | 370,550 | 77,291 | 2.7 | 19% |
| 2019 | 318,399 | 338,866 | −20,467 | 2.2 | 32% |
| 2020 | 319,260 | 337,160 | −17,900 | 1.6 | 30% |
| 2021 | 246,534 | 260,551 | −14,017 | 1.4 | 27% |
| 2022 | 326,660 | 320,891 | 5,769 | 1.4 | 22% |
| 2023 | 325,694 | 316,770 | 8,924 | 1.7 | 22% |
In its most recent public year (2023), this organization brought in $8,924 more than it spent. Its reserves stood at about 1.7 months of spending, down from 10.3 in 2011. Staff pay was 22% 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
Lackawanna 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