Lutheran Home And Services For The Aged Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 306,136 | 0 | 306,136 | — | — |
| 2021 | 892,700 | 0 | 892,700 | — | — |
| 2022 | 1,634,847 | 21,300 | 1,613,547 | 2454.4 | 0% |
| 2023 | 941,630 | 41,676 | 899,954 | 1506.2 | 0% |
In its most recent public year (2023), this organization brought in $899,954 more than it spent. Its reserves stood at about 1506.2 months of spending. Staff pay was 0% of spending. $4,563,081 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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