Lutheran Ministries Of Mercy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 69,623 | 70,199 | −576 | -0.2 | — |
| 2016 | 76,990 | 76,476 | 514 | -0.1 | — |
| 2017 | 72,831 | 63,654 | 9,177 | 1.6 | — |
| 2018 | 61,647 | 62,242 | −595 | 1.5 | — |
| 2019 | 197,085 | 119,019 | 78,066 | 11.2 | 0% |
| 2020 | 864,467 | 757,397 | 107,070 | 3.5 | 43% |
| 2021 | 1,193,176 | 1,145,861 | 47,315 | 2.8 | 42% |
| 2022 | 1,191,017 | 1,206,866 | −15,849 | 2.5 | 39% |
| 2023 | 1,239,140 | 1,158,448 | 80,692 | 3.4 | 44% |
In its most recent public year (2023), this organization brought in $80,692 more than it spent. Its reserves stood at about 3.4 months of spending, up from -0.2 in 2015. Staff pay was 44% of spending. $35,397 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 Ministries Of Mercy Inc'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