Lutheran Heritage Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,836,375 | 1,590,927 | 245,448 | 36.5 | 26% |
| 2012 | 1,807,224 | 1,709,058 | 98,166 | 34.7 | 25% |
| 2013 | 1,555,063 | 1,667,084 | −112,021 | 34.8 | 27% |
| 2014 | 3,225,759 | 1,855,705 | 1,370,054 | 40.2 | 24% |
| 2015 | 1,953,908 | 2,020,876 | −66,968 | 36.4 | 24% |
| 2016 | 1,767,589 | 1,866,140 | −98,551 | 38.9 | 27% |
| 2017 | 2,014,380 | 2,309,004 | −294,624 | 30.2 | 21% |
| 2018 | 2,396,701 | 2,495,864 | −99,163 | 27.2 | 23% |
| 2019 | 2,628,126 | 2,497,199 | 130,927 | 28.4 | 26% |
| 2020 | 2,048,265 | 2,375,862 | −327,597 | 28.6 | 26% |
| 2021 | 6,556,618 | 2,504,784 | 4,051,834 | 46.8 | 23% |
| 2022 | 2,841,175 | 2,683,021 | 158,154 | 42.6 | 25% |
| 2023 | 2,565,835 | 3,651,283 | −1,085,448 | 30.6 | 20% |
In its most recent public year (2023), this organization spent $1,085,448 more than it brought in. Its reserves stood at about 30.6 months of spending, down from 36.5 in 2011. Staff pay was 20% of spending. $1,005,459 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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