Global Lutheran Outreach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 701,522 | 738,913 | −37,391 | 9.4 | 5% |
| 2020 | 909,664 | 646,645 | 263,019 | 16.0 | 7% |
| 2021 | 888,952 | 681,211 | 207,741 | 18.7 | 6% |
| 2022 | 720,028 | 646,118 | 73,910 | 19.9 | 8% |
| 2023 | 845,666 | 678,743 | 166,923 | 20.1 | 25% |
In its most recent public year (2023), this organization brought in $166,923 more than it spent. Its reserves stood at about 20.1 months of spending, up from 9.4 in 2019. Staff pay was 25% of spending. $442,354 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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