Lutheran Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,098,065 | 894,819 | 203,246 | 24.0 | 20% |
| 2012 | 912,280 | 840,198 | 72,082 | 26.6 | 23% |
| 2013 | 9,445,082 | 1,537,975 | 7,907,107 | 76.2 | 15% |
| 2014 | 1,668,492 | 1,541,342 | 127,150 | 79.9 | 20% |
| 2015 | 1,814,709 | 2,012,356 | −197,647 | 59.8 | 16% |
| 2016 | 2,389,861 | 1,809,777 | 580,084 | 70.0 | 16% |
| 2017 | 2,669,943 | 1,463,435 | 1,206,508 | 99.4 | 15% |
| 2018 | 2,848,763 | 3,205,569 | −356,806 | 40.6 | 7% |
| 2019 | 2,888,796 | 2,739,014 | 149,782 | 54.1 | 14% |
| 2020 | 3,894,461 | 2,719,448 | 1,175,013 | 65.3 | 12% |
| 2021 | 3,257,548 | 2,297,722 | 959,826 | 86.7 | 13% |
| 2022 | 6,803,397 | 2,223,346 | 4,580,051 | 102.5 | 17% |
| 2023 | 4,011,286 | 2,765,550 | 1,245,736 | 94.5 | 16% |
In its most recent public year (2023), this organization brought in $1,245,736 more than it spent. Its reserves stood at about 94.5 months of spending, up from 24 in 2011. Staff pay was 16% of spending. $17,323,450 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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