Luther Home Of Mercy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,823,801 | 21,076,263 | −252,462 | 8.0 | 58% |
| 2012 | 21,268,428 | 20,802,591 | 465,837 | 9.0 | 58% |
| 2013 | 20,874,851 | 21,398,349 | −523,498 | 10.0 | 57% |
| 2014 | 20,593,890 | 21,107,953 | −514,063 | 9.8 | 56% |
| 2015 | 19,929,742 | 20,148,807 | −219,065 | 9.6 | 57% |
| 2016 | 20,616,460 | 20,092,193 | 524,267 | 8.9 | 56% |
| 2017 | 20,251,067 | 19,837,585 | 413,482 | 8.7 | 56% |
| 2018 | 19,149,418 | 19,439,190 | −289,772 | 7.8 | 56% |
| 2019 | 23,386,766 | 19,489,194 | 3,897,572 | 8.1 | 56% |
| 2020 | 21,975,193 | 20,962,722 | 1,012,471 | 9.5 | 55% |
| 2021 | 24,385,894 | 20,158,608 | 4,227,286 | 12.5 | 60% |
| 2022 | 21,805,488 | 21,816,745 | −11,257 | 10.8 | 58% |
| 2023 | 23,151,899 | 26,201,107 | −3,049,208 | 8.5 | 55% |
In its most recent public year (2023), this organization spent $3,049,208 more than it brought in. Its reserves stood at about 8.5 months of spending. Staff pay was 55% of spending. $1,300,037 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'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