Lutheran Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,823,491 | 21,585,688 | −762,197 | 4.0 | 48% |
| 2012 | 17,497,116 | 20,529,793 | −3,032,677 | 2.4 | 51% |
| 2013 | 9,494,285 | 9,657,953 | −163,668 | 5.0 | 33% |
| 2014 | 11,209,183 | 12,181,421 | −972,238 | 3.0 | 38% |
| 2015 | 13,315,278 | 12,467,205 | 848,073 | 3.7 | 36% |
| 2016 | 8,934,730 | 8,729,498 | 205,232 | 5.6 | 29% |
| 2017 | 9,725,395 | 10,142,392 | −416,997 | 18.1 | 27% |
| 2018 | 9,933,481 | 9,726,893 | 206,588 | 17.6 | 28% |
| 2019 | 35,671,153 | 34,153,793 | 1,517,360 | 6.0 | 52% |
| 2020 | 39,157,951 | 37,304,373 | 1,853,578 | 6.2 | 55% |
| 2021 | 41,686,678 | 37,497,444 | 4,189,234 | 7.7 | 53% |
| 2022 | 39,194,457 | 39,505,005 | −310,548 | 6.6 | 55% |
| 2023 | 53,241,379 | 43,824,048 | 9,417,331 | 8.7 | 54% |
In its most recent public year (2023), this organization brought in $9,417,331 more than it spent. Its reserves stood at about 8.7 months of spending, up from 4 in 2011. Staff pay was 54% of spending. $4,878,236 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 Homes Inc'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