Lutheran Charity Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,628,546 | 26,600,542 | 2,028,004 | 11.9 | 48% |
| 2012 | 31,727,579 | 35,875,547 | −4,147,968 | 7.4 | 40% |
| 2013 | 37,324,749 | 38,184,071 | −859,322 | 6.7 | 40% |
| 2014 | 39,439,025 | 40,951,633 | −1,512,608 | 6.0 | 39% |
| 2015 | 42,355,482 | 43,166,113 | −810,631 | 5.5 | 37% |
| 2016 | 45,047,507 | 43,925,496 | 1,122,011 | 5.7 | 37% |
| 2017 | 46,553,883 | 45,670,785 | 883,098 | 5.8 | 40% |
| 2018 | 51,043,540 | 48,515,324 | 2,528,216 | 6.1 | 41% |
| 2019 | 53,985,364 | 52,210,427 | 1,774,937 | 6.2 | 40% |
| 2020 | 55,914,224 | 54,123,749 | 1,790,475 | 6.3 | 40% |
| 2021 | 70,130,654 | 58,565,373 | 11,565,281 | 8.4 | 39% |
| 2022 | 68,663,000 | 64,554,702 | 4,108,298 | 7.7 | 36% |
| 2023 | 76,355,923 | 73,982,858 | 2,373,065 | 7.3 | 35% |
In its most recent public year (2023), this organization brought in $2,373,065 more than it spent. Its reserves stood at about 7.3 months of spending, down from 11.9 in 2011. Staff pay was 35% of spending. $660,424 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
Lutheran Charity Association'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