Lutheran Home Wilmington Property Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 807,414 | 1,013,456 | −206,042 | -32.9 | 0% |
| 2021 | 781,020 | 988,087 | −207,067 | -34.9 | 0% |
| 2022 | 772,199 | 1,044,078 | −271,879 | -38.6 | 0% |
| 2023 | 783,840 | 745,567 | 38,273 | -50.3 | 0% |
In its most recent public year (2023), this organization brought in $38,273 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-50.3 months), down from -32.9 in 2020. Staff pay was 0% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works