Lespmha Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 2,130,047 | 2,524,584 | −394,537 | -1.8 | 5% |
| 2015 | 2,403,266 | 2,812,493 | −409,227 | -3.4 | 4% |
| 2016 | 2,444,473 | 2,928,278 | −483,805 | -5.3 | 5% |
| 2017 | 2,385,730 | 2,061,745 | 323,985 | -5.6 | 4% |
| 2018 | 9,406,088 | 3,914,070 | 5,492,018 | 13.9 | 4% |
| 2019 | 2,815,212 | 3,210,246 | −395,034 | 15.5 | 7% |
| 2020 | 2,643,505 | 3,280,581 | −637,076 | 12.8 | 8% |
| 2021 | 2,658,143 | 3,128,210 | −470,067 | 11.6 | 7% |
| 2022 | 2,723,188 | 3,464,391 | −741,203 | 7.9 | 7% |
| 2023 | 2,974,739 | 3,659,242 | −684,503 | 5.3 | 6% |
In its most recent public year (2023), this organization spent $684,503 more than it brought in. Its reserves stood at about 5.3 months of spending. Staff pay was 6% 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
Lespmha Housing Development Fund 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