Luther Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,193,826 | 2,343,810 | −149,984 | -1.3 | 8% |
| 2012 | 2,239,149 | 2,606,764 | −367,615 | -2.8 | 10% |
| 2013 | 2,212,246 | 2,580,715 | −368,469 | -4.6 | 9% |
| 2014 | 2,151,876 | 2,669,003 | −517,127 | -6.8 | 10% |
| 2015 | 2,303,649 | 2,737,773 | −434,124 | -8.5 | 9% |
| 2016 | 2,254,326 | 2,893,434 | −639,108 | -10.7 | 9% |
| 2017 | 5,265,396 | 2,673,926 | 2,591,470 | 0.1 | 20% |
| 2018 | 0 | 59,666 | −59,666 | -8.6 | 0% |
| 2019 | 0 | 59,680 | −59,680 | -20.6 | 0% |
| 2020 | 0 | 61,047 | −61,047 | -32.1 | 0% |
| 2021 | 0 | 56,260 | −56,260 | -46.9 | 0% |
| 2022 | 0 | 64,651 | −64,651 | -52.8 | 0% |
| 2023 | 1,790 | 63,246 | −61,456 | -65.6 | 0% |
In its most recent public year (2023), this organization spent $61,456 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-65.6 months), down from -1.3 in 2011. 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
Luther Center 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