Senior Citizens Housing Development Corporation Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 631,393 | 958,239 | −326,846 | 53.0 | 8% |
| 2013 | 509,783 | 773,490 | −263,707 | 61.5 | 10% |
| 2014 | 515,129 | 773,099 | −257,970 | 57.6 | 9% |
| 2015 | 539,895 | 820,791 | −280,896 | 50.1 | 15% |
| 2016 | 539,462 | 821,719 | −282,257 | 46.0 | 16% |
| 2017 | 538,485 | 806,075 | −267,590 | 42.9 | 15% |
| 2018 | 539,378 | 888,310 | −348,932 | 34.2 | 15% |
| 2019 | 566,331 | 851,451 | −285,120 | 31.7 | 18% |
| 2020 | 677,107 | 855,103 | −177,996 | 29.1 | 16% |
| 2021 | 681,624 | 863,424 | −181,800 | 26.3 | 16% |
| 2022 | 669,059 | 910,214 | −241,155 | 21.7 | 14% |
| 2023 | 756,362 | 869,764 | −113,402 | 21.2 | 17% |
In its most recent public year (2023), this organization spent $113,402 more than it brought in. Its reserves stood at about 21.2 months of spending, down from 53 in 2012. Staff pay was 17% of spending. $6,514,200 of its net assets are donor-restricted.
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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