Niagara Lutheran Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,051,528 | 15,821,465 | 230,063 | 6.6 | 49% |
| 2012 | 15,674,987 | 16,361,809 | −686,822 | 5.9 | 50% |
| 2013 | 16,082,334 | 16,070,612 | 11,722 | 6.0 | 50% |
| 2014 | 16,625,364 | 16,332,786 | 292,578 | 6.1 | 50% |
| 2015 | 17,670,802 | 16,750,458 | 920,344 | 6.7 | 50% |
| 2016 | 19,266,566 | 18,949,565 | 317,001 | 6.1 | 48% |
| 2017 | 20,033,578 | 19,907,216 | 126,362 | 5.9 | 48% |
| 2018 | 21,776,703 | 20,299,628 | 1,477,075 | 6.9 | 46% |
| 2019 | 22,321,097 | 20,586,483 | 1,734,614 | 10.0 | 48% |
| 2020 | 21,923,077 | 21,842,457 | 80,620 | 9.6 | 47% |
| 2021 | 23,493,790 | 21,538,493 | 1,955,297 | 10.9 | 44% |
| 2022 | 22,246,380 | 22,151,578 | 94,802 | 10.5 | 45% |
| 2023 | 24,938,836 | 26,619,579 | −1,680,743 | 8.1 | 47% |
In its most recent public year (2023), this organization spent $1,680,743 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 6.6 in 2011. Staff pay was 47% 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
Niagara Lutheran Development Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works