Lutheran Homes Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 48,864,689 | 50,157,218 | −1,292,529 | 0.1 | 43% |
| 2021 | 54,580,656 | 51,267,610 | 3,313,046 | 1.2 | 40% |
| 2022 | 44,964,844 | 40,047,149 | 4,917,695 | 3.5 | 43% |
| 2023 | 34,847,341 | 34,065,862 | 781,479 | 4.6 | 49% |
In its most recent public year (2023), this organization brought in $781,479 more than it spent. Its reserves stood at about 4.6 months of spending, up from 0.1 in 2020. Staff pay was 49% of spending. $916,618 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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