Luther House Iii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 410,666 | 722,074 | −311,408 | 128.3 | 15% |
| 2012 | 409,856 | 725,141 | −315,285 | 122.5 | 16% |
| 2013 | 460,330 | 769,254 | −308,924 | 110.7 | 15% |
| 2014 | 465,019 | 772,666 | −307,647 | 105.4 | 14% |
| 2015 | 485,600 | 788,219 | −302,619 | 97.2 | 15% |
| 2016 | 500,570 | 794,373 | −293,803 | 92.0 | 16% |
| 2017 | 521,760 | 704,670 | −182,910 | 100.6 | 19% |
| 2018 | 533,864 | 724,972 | −191,108 | 94.7 | 20% |
| 2019 | 554,294 | 735,301 | −181,007 | 90.4 | 19% |
| 2020 | 557,064 | 758,385 | −201,321 | 84.4 | 21% |
| 2021 | 560,507 | 765,035 | −204,528 | 80.5 | 21% |
| 2022 | 609,489 | 785,727 | −176,238 | 75.7 | 21% |
| 2023 | 661,837 | 827,476 | −165,639 | 69.5 | 21% |
In its most recent public year (2023), this organization spent $165,639 more than it brought in. Its reserves stood at about 69.5 months of spending, down from 128.3 in 2011. Staff pay was 21% of spending. $8,781,100 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
Luther House Iii 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