Somerset Lutheran Housing Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 132,762 | 294,998 | −162,236 | 134.3 | 3% |
| 2013 | 147,680 | 320,481 | −172,801 | 117.2 | 3% |
| 2014 | 151,587 | 335,764 | −184,177 | 105.2 | 3% |
| 2015 | 146,320 | 342,680 | −196,360 | 96.2 | 3% |
| 2016 | 156,026 | 317,329 | −161,303 | 97.8 | 6% |
| 2017 | 155,516 | 325,028 | −169,512 | 89.2 | 10% |
| 2018 | 155,672 | 309,495 | −153,823 | 87.8 | 7% |
| 2019 | 154,214 | 311,677 | −157,463 | 81.1 | 6% |
| 2020 | 148,747 | 280,349 | −131,602 | 84.5 | 5% |
| 2021 | 134,952 | 271,058 | −136,106 | 81.4 | 6% |
| 2022 | 144,667 | 290,154 | −145,487 | 70.0 | 4% |
| 2023 | 135,626 | 308,788 | −173,162 | 59.1 | 2% |
In its most recent public year (2023), this organization spent $173,162 more than it brought in. Its reserves stood at about 59.1 months of spending, down from 134.3 in 2012. Staff pay was 2% 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
Somerset Lutheran Housing Community 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