Luther Terrace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 686,029 | 461,212 | 224,817 | 4.7 | 19% |
| 2012 | 447,272 | 477,577 | −30,305 | 3.7 | 20% |
| 2013 | 433,649 | 472,704 | −39,055 | 2.8 | 16% |
| 2014 | 428,790 | 450,706 | −21,916 | 2.3 | 13% |
| 2015 | 439,471 | 471,510 | −32,039 | 1.4 | 16% |
| 2016 | 444,095 | 452,031 | −7,936 | 1.3 | 17% |
| 2017 | 455,216 | 447,508 | 7,708 | 1.5 | 18% |
| 2018 | 472,529 | 465,064 | 7,465 | 1.6 | 19% |
| 2019 | 464,360 | 448,888 | 15,472 | 2.1 | 15% |
| 2020 | 459,879 | 450,867 | 9,012 | 2.3 | 16% |
| 2021 | 471,296 | 481,993 | −10,697 | 1.9 | 15% |
| 2022 | 482,908 | 461,651 | 21,257 | 2.6 | 16% |
| 2023 | 488,933 | 493,553 | −4,620 | 2.3 | 10% |
In its most recent public year (2023), this organization spent $4,620 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 4.7 in 2011. Staff pay was 10% 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 Terrace 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