Lewis Chapel Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 263,838 | 299,730 | −35,892 | -47.3 | 0% |
| 2022 | 258,434 | 332,414 | −73,980 | -45.3 | 0% |
| 2023 | 261,282 | 318,686 | −57,404 | -49.4 | 0% |
| 2024 | 291,698 | 331,770 | −40,072 | -48.9 | 0% |
In its most recent public year (2024), this organization spent $40,072 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.9 months), down from -47.3 in 2021. Staff pay was 0% 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
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