Lutheran Housing Incorporated Luther Arms
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,892,388 | 2,298,668 | 593,720 | 6.1 | 18% |
| 2012 | 2,895,970 | 2,232,228 | 663,742 | 9.9 | 20% |
| 2013 | 2,945,098 | 2,430,091 | 515,007 | 11.6 | 18% |
| 2014 | 2,954,314 | 2,512,218 | 442,096 | 13.3 | 18% |
| 2015 | 2,911,510 | 2,737,351 | 174,159 | 13.0 | 19% |
| 2016 | 3,049,117 | 3,262,132 | −213,015 | 10.1 | 10% |
| 2017 | 3,052,433 | 3,139,945 | −87,512 | 10.2 | 17% |
| 2018 | 3,133,366 | 2,737,099 | 396,267 | 13.4 | 13% |
| 2019 | 3,234,881 | 2,652,651 | 582,230 | 16.5 | 14% |
| 2020 | 3,184,731 | 2,555,306 | 629,425 | 20.1 | 15% |
| 2021 | 3,344,139 | 2,656,529 | 687,610 | 22.4 | 14% |
| 2022 | 3,283,485 | 2,632,583 | 650,902 | 25.6 | 12% |
| 2023 | 3,583,587 | 2,672,208 | 911,379 | 29.3 | 14% |
In its most recent public year (2023), this organization brought in $911,379 more than it spent. Its reserves stood at about 29.3 months of spending, up from 6.1 in 2011. Staff pay was 14% 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
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