Lighthouse Living Centers No 2 Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 359,389 | 317,362 | 42,027 | -3.1 | 18% |
| 2021 | 361,000 | 352,723 | 8,277 | -2.5 | 15% |
| 2022 | 350,673 | 312,064 | 38,609 | -1.3 | 18% |
| 2023 | 397,478 | 344,571 | 52,907 | 0.6 | 17% |
In its most recent public year (2023), this organization brought in $52,907 more than it spent. Its reserves stood at about 0.6 months of spending, up from -3.1 in 2020. Staff pay was 17% 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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