Bethany Lutheran Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31,956,723 | 29,203,820 | 2,752,903 | 14.0 | 53% |
| 2021 | 37,603,425 | 30,635,113 | 6,968,312 | 16.1 | 53% |
| 2022 | 38,132,880 | 32,628,967 | 5,503,913 | 17.2 | 53% |
| 2023 | 40,621,449 | 35,936,508 | 4,684,941 | 17.1 | 49% |
In its most recent public year (2023), this organization brought in $4,684,941 more than it spent. Its reserves stood at about 17.1 months of spending, up from 14 in 2020. Staff pay was 49% of spending. $558,292 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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