everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lutheran Homes

Halstad, MN / EIN 41-0694719 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20116,066,6876,210,816−144,1296.648%
20125,857,7216,184,137−326,4165.352%
20136,558,0456,264,149293,8965.855%
20147,691,0906,760,686930,4046.954%
20157,076,1147,447,637−371,5235.756%
20168,005,4377,743,575261,8626.155%
20177,965,5947,884,29181,3036.256%
20187,857,2708,264,193−406,9234.455%
20194,348,1574,728,457−380,3006.750%
20204,599,9834,615,303−15,3206.755%
20215,630,6035,155,157475,4467.157%
20224,809,2165,217,714−408,4986.059%
20235,184,3415,769,303−584,9624.256%

In its most recent public year (2023), this organization spent $584,962 more than it brought in. Its reserves stood at about 4.2 months of spending, down from 6.6 in 2011. Staff pay was 56% 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 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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