Lutheran Home For The Aged Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,384,226 | 6,877,360 | −493,134 | 6.5 | 56% |
| 2012 | 6,900,331 | 7,398,700 | −498,369 | 6.1 | 52% |
| 2013 | 7,192,100 | 7,412,800 | −220,700 | 6.5 | 54% |
| 2015 | 7,481,559 | 7,283,985 | 197,574 | 7.7 | 56% |
| 2016 | 8,211,530 | 7,746,165 | 465,365 | 7.9 | 57% |
| 2017 | 7,945,896 | 8,093,499 | −147,603 | 7.4 | 56% |
| 2018 | 8,169,686 | 8,910,308 | −740,622 | 5.7 | 56% |
| 2019 | 8,719,964 | 8,587,681 | 132,283 | 6.1 | 58% |
| 2020 | 8,255,030 | 8,295,854 | −40,824 | 6.3 | 55% |
| 2021 | 9,143,268 | 8,436,359 | 706,909 | 7.2 | 53% |
| 2022 | 8,766,904 | 9,117,931 | −351,027 | 6.1 | 50% |
| 2023 | 9,551,884 | 10,066,397 | −514,513 | 4.9 | 55% |
In its most recent public year (2023), this organization spent $514,513 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 6.5 in 2011. Staff pay was 55% of spending.
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 For The Aged Development Corp'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