Lutheran Legacy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,411,767 | 1,397,315 | 14,452 | 191.4 | 6% |
| 2012 | 828,397 | 1,460,498 | −632,101 | 170.1 | 6% |
| 2013 | 1,491,409 | 1,882,609 | −391,200 | 136.2 | 4% |
| 2014 | 2,588,245 | 1,662,916 | 925,329 | 167.3 | 6% |
| 2015 | 818,044 | 1,431,399 | −613,355 | 181.2 | 7% |
| 2016 | 1,975,261 | 1,387,485 | 587,776 | 170.5 | 7% |
| 2017 | 677,047 | 1,220,604 | −543,557 | 219.8 | 10% |
| 2018 | 1,385,049 | 1,198,322 | 186,727 | 238.0 | 12% |
| 2019 | 1,925,762 | 1,098,380 | 827,382 | 267.0 | 14% |
| 2020 | 2,732,259 | 1,003,058 | 1,729,201 | 302.9 | 16% |
| 2021 | 8,500,030 | 1,370,653 | 7,129,377 | 287.8 | 12% |
| 2022 | 3,118,884 | 1,712,577 | 1,406,307 | 192.6 | 12% |
| 2023 | 126,948 | 1,505,314 | −1,378,366 | 238.9 | 14% |
In its most recent public year (2023), this organization spent $1,378,366 more than it brought in. Its reserves stood at about 238.9 months of spending, up from 191.4 in 2011. Staff pay was 14% of spending. $28,733,798 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 Legacy Foundation 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