Faith Lutheran Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,151,480 | 2,966,563 | 184,917 | 8.7 | 54% |
| 2012 | 3,253,647 | 3,278,797 | −25,150 | 7.8 | 53% |
| 2013 | 3,488,735 | 3,572,621 | −83,886 | 6.9 | 55% |
| 2014 | 3,547,957 | 3,621,977 | −74,020 | 6.5 | 52% |
| 2015 | 3,934,865 | 4,196,105 | −261,240 | 4.9 | 47% |
| 2016 | 4,401,332 | 4,542,229 | −140,897 | 4.2 | 43% |
| 2017 | 4,036,256 | 4,338,133 | −301,877 | 3.5 | 48% |
| 2018 | 4,767,913 | 4,765,655 | 2,258 | 3.2 | 48% |
| 2019 | 5,769,574 | 5,463,528 | 306,046 | 3.5 | 47% |
| 2020 | 5,933,522 | 6,045,461 | −111,939 | 2.9 | 43% |
| 2021 | 5,533,666 | 5,392,768 | 140,898 | 4.3 | 40% |
| 2022 | 4,777,467 | 5,507,422 | −729,955 | 2.4 | 42% |
| 2023 | 5,991,377 | 6,139,074 | −147,697 | 2.0 | 41% |
In its most recent public year (2023), this organization spent $147,697 more than it brought in. Its reserves stood at about 2 months of spending, down from 8.7 in 2011. Staff pay was 41% of spending. $9,605 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
Faith Lutheran Home's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works