Lutheran Housing Services 9 Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 389,980 | 523,239 | −133,259 | -85.3 | 0% |
| 2021 | 262,491 | 486,567 | −224,076 | -97.2 | 0% |
| 2022 | 321,421 | 942,110 | −620,689 | -58.1 | 0% |
| 2023 | 699,401 | 569,194 | 130,207 | -93.4 | 0% |
In its most recent public year (2023), this organization brought in $130,207 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-93.4 months), down from -85.3 in 2020. Staff pay was 0% of spending. $3,495 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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