Lutheran Home-Hickory Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,990,130 | 11,668,210 | 1,321,920 | 5.5 | 48% |
| 2012 | 13,632,300 | 12,908,238 | 724,062 | 5.7 | 46% |
| 2013 | 13,380,698 | 12,687,255 | 693,443 | 6.4 | 48% |
| 2014 | 12,863,854 | 12,497,852 | 366,002 | 6.9 | 49% |
| 2015 | 13,122,356 | 12,783,396 | 338,960 | 7.0 | 48% |
| 2016 | 12,919,535 | 13,135,254 | −215,719 | 6.6 | 49% |
| 2017 | 14,055,797 | 13,886,563 | 169,234 | 6.5 | 48% |
| 2018 | 13,824,454 | 14,050,892 | −226,438 | 6.3 | 48% |
| 2019 | 14,153,547 | 14,058,202 | 95,345 | 6.4 | 49% |
| 2020 | 14,885,311 | 14,789,758 | 95,553 | 6.2 | 50% |
| 2021 | 16,014,095 | 15,790,402 | 223,693 | 6.2 | 47% |
| 2022 | 19,191,858 | 16,741,139 | 2,450,719 | 7.3 | 51% |
| 2023 | 17,848,495 | 18,471,509 | −623,014 | 6.3 | 53% |
In its most recent public year (2023), this organization spent $623,014 more than it brought in. Its reserves stood at about 6.3 months of spending. Staff pay was 53% of spending. $112,131 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
Lutheran Home-Hickory 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