Luther Memorial Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,444,900 | 7,682,454 | −237,554 | 9.7 | 55% |
| 2012 | 7,832,671 | 7,805,391 | 27,280 | 9.6 | 54% |
| 2013 | 9,177,254 | 8,121,800 | 1,055,454 | 10.9 | 55% |
| 2014 | 8,915,285 | 8,565,937 | 349,348 | 10.8 | 55% |
| 2015 | 9,125,787 | 8,931,375 | 194,412 | 10.6 | 55% |
| 2016 | 9,213,352 | 9,040,646 | 172,706 | 10.7 | 58% |
| 2017 | 9,670,308 | 9,096,622 | 573,686 | 11.5 | 58% |
| 2018 | 9,511,110 | 9,292,038 | 219,072 | 11.4 | 58% |
| 2019 | 4,837,984 | 4,683,173 | 154,811 | 23.4 | 58% |
| 2020 | 9,766,393 | 9,904,045 | −137,652 | 11.0 | 60% |
| 2021 | 11,788,251 | 9,953,668 | 1,834,583 | 13.6 | 57% |
| 2022 | 11,108,042 | 10,402,610 | 705,432 | 13.3 | 56% |
| 2023 | 10,545,107 | 11,056,526 | −511,419 | 12.1 | 48% |
In its most recent public year (2023), this organization spent $511,419 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 9.7 in 2011. Staff pay was 48% 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
Luther Memorial 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