Linc Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,295,957 | 5,495,065 | 9,800,892 | 44.4 | 42% |
| 2012 | 10,836,172 | 7,880,966 | 2,955,206 | 29.3 | 31% |
| 2013 | 9,635,048 | 8,813,983 | 821,065 | 26.8 | 31% |
| 2014 | 8,116,294 | 9,008,197 | −891,903 | 24.8 | 33% |
| 2015 | 8,177,150 | 8,632,791 | −455,641 | 25.2 | 40% |
| 2016 | 13,290,220 | 9,264,980 | 4,025,240 | 27.2 | 33% |
| 2017 | 14,570,227 | 9,341,535 | 5,228,692 | 28.3 | 35% |
| 2018 | 20,003,248 | 11,830,115 | 8,173,133 | 31.9 | 36% |
| 2019 | 28,105,286 | 9,853,085 | 18,252,201 | 59.1 | 50% |
| 2020 | 20,252,623 | 12,499,470 | 7,753,153 | 70.0 | 54% |
| 2021 | 22,614,981 | 13,795,760 | 8,819,221 | 71.0 | 48% |
| 2022 | 43,197,874 | 19,568,923 | 23,628,951 | 64.8 | 45% |
| 2023 | 19,739,757 | 23,713,406 | −3,973,649 | 51.6 | 44% |
In its most recent public year (2023), this organization spent $3,973,649 more than it brought in. Its reserves stood at about 51.6 months of spending, up from 44.4 in 2011. Staff pay was 44% of spending. $1,500,000 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
Linc Housing 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