Lutheran Homes Of South Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,501,012 | 67,481,754 | 1,019,258 | -1.9 | 41% |
| 2012 | 67,664,318 | 69,186,800 | −1,522,482 | -2.1 | 41% |
| 2013 | 70,718,292 | 71,613,252 | −894,960 | -2.2 | 38% |
| 2014 | 70,696,270 | 70,207,766 | 488,504 | -2.2 | 41% |
| 2015 | 73,495,263 | 75,660,107 | −2,164,844 | -2.3 | 41% |
| 2016 | 79,022,965 | 78,947,720 | 75,245 | -2.2 | 41% |
| 2017 | 83,484,376 | 83,554,412 | −70,036 | -2.2 | 40% |
| 2018 | 80,929,628 | 82,338,002 | −1,408,374 | -2.5 | 41% |
| 2019 | 83,110,035 | 83,952,060 | −842,025 | -2.7 | 40% |
| 2020 | 78,037,823 | 78,731,463 | −693,640 | -3.0 | 45% |
| 2021 | 72,950,752 | 77,479,201 | −4,528,449 | -3.7 | 43% |
| 2022 | 78,300,034 | 80,009,050 | −1,709,016 | -3.7 | 42% |
| 2023 | 80,187,073 | 82,703,489 | −2,516,416 | -3.8 | 45% |
In its most recent public year (2023), this organization spent $2,516,416 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from -1.9 in 2011. Staff pay was 45% 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
Lutheran Homes Of South Carolina 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