Low Income Housing Development Corporation Of Terre Haute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,341,898 | 1,052,714 | 289,184 | 99.4 | 0% |
| 2015 | −1,376,492 | 528,324 | −1,904,816 | 170.1 | 0% |
| 2016 | 982,901 | 1,717,988 | −735,087 | 47.2 | 0% |
| 2017 | 773,549 | 504,440 | 269,109 | 167.0 | 0% |
| 2018 | 803,447 | 531,523 | 271,924 | 164.7 | 0% |
| 2019 | 962,672 | 598,928 | 363,744 | 153.5 | 0% |
| 2020 | 1,206,841 | 762,697 | 444,144 | 127.8 | 14% |
| 2021 | 859,923 | 636,875 | 223,048 | 157.2 | 20% |
| 2022 | 871,795 | 659,293 | 212,502 | 155.7 | 21% |
| 2023 | 889,304 | 712,039 | 177,265 | 147.3 | 21% |
In its most recent public year (2023), this organization brought in $177,265 more than it spent. Its reserves stood at about 147.3 months of spending, up from 99.4 in 2013. Staff pay was 21% 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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