Luther Home Of Mercy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,168,238 | 370,034 | 798,204 | 345.5 | 0% |
| 2012 | 1,328,892 | 934,208 | 394,684 | 150.7 | 0% |
| 2013 | 1,944,017 | 749,919 | 1,194,098 | 230.8 | 0% |
| 2014 | 1,432,354 | 1,726,326 | −293,972 | 100.1 | 0% |
| 2015 | 2,145,878 | 2,328,763 | −182,885 | 69.3 | 0% |
| 2016 | 1,316,440 | 2,981,218 | −1,664,778 | 47.0 | 0% |
| 2017 | 3,454,858 | 3,100,231 | 354,627 | 41.7 | 0% |
| 2018 | 998,573 | 1,673,444 | −674,871 | 66.4 | 0% |
| 2019 | 1,441,961 | 5,358,798 | −3,916,837 | 13.5 | 0% |
| 2020 | 2,286,850 | 421,185 | 1,865,665 | 240.9 | 0% |
| 2021 | 1,089,250 | 1,436,630 | −347,380 | 71.9 | 0% |
| 2022 | 1,130,898 | 1,158,827 | −27,929 | 75.1 | 0% |
| 2023 | 2,145,704 | 1,385,408 | 760,296 | 79.4 | 0% |
In its most recent public year (2023), this organization brought in $760,296 more than it spent. Its reserves stood at about 79.4 months of spending, down from 345.5 in 2011. Staff pay was 0% of spending. $1,651,235 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
Luther Home Of Mercy Foundation'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