Thrivent Financial For Lutherans
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,585,386,020 | 8,595,754,017 | 989,632,003 | 14.1 | 5% |
| 2020 | 9,215,966,710 | 8,558,921,003 | 657,045,707 | 15.0 | 5% |
| 2021 | 11,411,972,004 | 8,849,883,063 | 2,562,088,941 | 18.6 | 6% |
| 2022 | 10,282,948,737 | 9,133,658,483 | 1,149,290,254 | 18.1 | 6% |
In its most recent public year (2022), this organization brought in $1,149,290,254 more than it spent. Its reserves stood at about 18.1 months of spending, up from 14.1 in 2019. Staff pay was 6% 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 2022. 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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