Laurens County Specialty Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 141,533 | 132,435 | 9,098 | -7.7 | — |
| 2022 | 147,371 | 137,547 | 9,824 | -6.5 | — |
| 2023 | 151,894 | 128,007 | 23,887 | -4.8 | — |
| 2024 | 161,409 | 134,158 | 27,251 | -2.1 | — |
In its most recent public year (2024), this organization brought in $27,251 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), up from -7.7 in 2021.
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
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