Lutheran Housing Corporation Of Oil City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 200,771 | 308,601 | −107,830 | -39.4 | 0% |
| 2012 | 225,913 | 297,335 | −71,422 | -43.8 | 14% |
| 2013 | 235,602 | 334,194 | −98,592 | -42.5 | 12% |
| 2014 | 228,604 | 361,656 | −133,052 | -43.7 | 10% |
| 2015 | 153,854 | 250,757 | −96,903 | -67.7 | 12% |
| 2016 | 213,218 | 325,939 | −112,721 | 63.2 | 12% |
| 2017 | 210,163 | 326,131 | −115,968 | 58.9 | 12% |
| 2018 | 206,074 | 355,145 | −149,071 | 49.0 | 13% |
| 2019 | 333,654 | 394,929 | −61,275 | 42.2 | 12% |
| 2020 | 369,210 | 390,043 | −20,833 | 42.1 | 15% |
| 2021 | 318,343 | 392,701 | −74,358 | 39.5 | 13% |
| 2022 | 252,976 | 414,984 | −162,008 | 32.7 | 15% |
| 2023 | 345,585 | 479,128 | −133,543 | 25.0 | 16% |
In its most recent public year (2023), this organization spent $133,543 more than it brought in. Its reserves stood at about 25 months of spending, up from -39.4 in 2011. Staff pay was 16% 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 Housing Corporation Of Oil City 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