Lutheran Residence Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 587,870 | 649,112 | −61,242 | -10.1 | 22% |
| 2012 | 651,955 | 682,567 | −30,612 | -10.1 | 24% |
| 2013 | 647,288 | 706,531 | −59,243 | -10.9 | 24% |
| 2014 | 644,687 | 754,009 | −109,322 | -12.0 | 24% |
| 2015 | 689,662 | 736,587 | −46,925 | -13.0 | 27% |
| 2016 | 699,846 | 706,010 | −6,164 | -13.7 | 27% |
| 2017 | 674,334 | 736,042 | −61,708 | -14.2 | 27% |
| 2018 | 7,946,322 | 809,069 | 7,137,253 | 92.9 | 24% |
| 2019 | 32,145,152 | 1,177,592 | 30,967,560 | 379.4 | 3% |
| 2020 | 1,413,193 | 1,308,462 | 104,731 | 354.5 | 6% |
| 2021 | 1,240,842 | 1,236,579 | 4,263 | 377.6 | 7% |
| 2022 | 1,321,772 | 1,176,641 | 145,131 | 336.4 | 6% |
| 2023 | 1,364,758 | 1,147,916 | 216,842 | 364.9 | 5% |
In its most recent public year (2023), this organization brought in $216,842 more than it spent. Its reserves stood at about 364.9 months of spending, up from -10.1 in 2011. Staff pay was 5% 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
Lutheran Residence Corporation'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