Housing Works 454 Lexington Housing Development Fund Corporation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $2,674 | $147,528 | −$144,854 | -89.6 | 0% |
| 2021 | $4,569 | $152,735 | −$148,166 | -98.2 | 0% |
| 2022 | $0 | $141,016 | −$141,016 | -118.3 | 0% |
| 2023 | $0 | $109,408 | −$109,408 | -164.5 | 0% |
In its most recent public year (2023), this organization spent $109,408 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-164.5 months), down from -89.6 in 2020. 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 ↗
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