The Lutheran Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,194,835 | 27,126,202 | 1,068,633 | 11.6 | 59% |
| 2021 | 29,348,190 | 27,419,155 | 1,929,035 | 12.3 | 57% |
| 2022 | 29,304,599 | 27,600,601 | 1,703,998 | 13.0 | 58% |
| 2023 | 29,549,376 | 31,218,367 | −1,668,991 | 10.8 | 53% |
In its most recent public year (2023), this organization spent $1,668,991 more than it brought in. Its reserves stood at about 10.8 months of spending. Staff pay was 53% of spending. $91,345 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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