Lutheran Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,672,824 | 5,892,289 | −219,465 | 4.4 | 41% |
| 2021 | 14,990,939 | 19,544,180 | −4,553,241 | -0.2 | 30% |
| 2022 | 13,317,362 | 19,158,704 | −5,841,342 | -0.8 | 32% |
| 2023 | 16,425,993 | 19,111,747 | −2,685,754 | -2.0 | 37% |
In its most recent public year (2023), this organization spent $2,685,754 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2 months), down from 4.4 in 2020. Staff pay was 37% of spending. $139,701 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
Lutheran Home'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