Lake Charles Non-Profit Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 140,308 | 48,396 | 91,912 | 1091.6 | 0% |
| 2020 | 2,519,515 | 12,750 | 2,506,765 | 6502.7 | 0% |
| 2021 | 120,329 | 0 | 120,329 | — | — |
| 2022 | 106,406 | 0 | 106,406 | — | — |
| 2023 | 201,154 | 0 | 201,154 | — | — |
In its most recent public year (2023), this organization brought in $201,154 more than it spent.
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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