Liberty Lutheran Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 312,144 | 253,710 | 58,434 | 2.8 | 41% |
| 2013 | 7,855,254 | 9,085,586 | −1,230,332 | -1.7 | 33% |
| 2014 | 8,824,574 | 9,896,694 | −1,072,120 | -2.9 | 31% |
| 2015 | 9,605,883 | 10,477,246 | −871,363 | -3.1 | 29% |
| 2016 | 10,762,570 | 10,787,841 | −25,271 | -2.5 | 29% |
| 2017 | 11,342,748 | 11,828,197 | −485,449 | -1.3 | 30% |
| 2018 | 12,958,448 | 12,707,652 | 250,796 | 0.2 | 29% |
| 2019 | 13,792,783 | 12,912,485 | 880,298 | 1.6 | 30% |
| 2020 | 14,735,629 | 14,213,763 | 521,866 | 2.0 | 29% |
| 2021 | 15,701,429 | 14,149,766 | 1,551,663 | 3.5 | 29% |
| 2022 | 14,594,791 | 14,334,314 | 260,477 | 3.6 | 31% |
| 2023 | 16,686,526 | 16,368,033 | 318,493 | 3.9 | 30% |
In its most recent public year (2023), this organization brought in $318,493 more than it spent. Its reserves stood at about 3.9 months of spending, up from 2.8 in 2012. Staff pay was 30% of spending. $1,262,836 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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