Glocester Housing Authority Laurel Crest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 450,577 | 492,318 | −41,741 | -27.3 | 13% |
| 2013 | 447,752 | 490,849 | −43,097 | -28.5 | 14% |
| 2014 | 451,870 | 558,319 | −106,449 | -27.4 | 13% |
| 2015 | 443,576 | 559,341 | −115,765 | -29.9 | 14% |
| 2016 | 474,428 | 562,752 | −88,324 | -31.7 | 15% |
| 2017 | 471,044 | 475,544 | −4,500 | -37.7 | 9% |
| 2018 | 472,667 | 471,885 | 782 | -38.0 | 9% |
| 2019 | 447,836 | 526,330 | −78,494 | -35.9 | 9% |
| 2020 | 456,340 | 499,689 | −43,349 | -38.8 | 11% |
| 2021 | 452,095 | 588,071 | −135,976 | -35.8 | 9% |
| 2022 | 471,977 | 615,131 | −143,154 | -33.1 | 9% |
| 2024 | 555,544 | 629,829 | −74,285 | -35.7 | 10% |
In its most recent public year (2024), this organization spent $74,285 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.7 months), down from -27.3 in 2012. Staff pay was 10% 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 2024. 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
Glocester Housing Authority Laurel Crest's IRS filings as a feed — one entry per filing year, through 2024. 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