Louisiana Housing Assistance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,598,816 | 3,609,036 | −10,220 | 0.1 | 10% |
| 2020 | 3,636,681 | 3,631,973 | 4,708 | 0.2 | 10% |
| 2021 | 3,738,733 | 3,708,895 | 29,838 | 0.3 | 10% |
| 2022 | 3,815,911 | 3,766,919 | 48,992 | 0.5 | 9% |
| 2023 | 4,367,628 | 4,399,149 | −31,521 | 0.3 | 8% |
In its most recent public year (2023), this organization spent $31,521 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 8% 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
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