W L C Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,144,156 | 1,136,369 | 7,787 | 42.1 | 18% |
| 2021 | 1,166,208 | 1,211,097 | −44,889 | 39.1 | 17% |
| 2022 | 1,173,716 | 1,273,249 | −99,533 | 36.2 | 17% |
| 2023 | 1,618,662 | 1,384,970 | 233,692 | 35.3 | 17% |
In its most recent public year (2023), this organization brought in $233,692 more than it spent. Its reserves stood at about 35.3 months of spending, down from 42.1 in 2020. Staff pay was 17% of spending. $5,957,500 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
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