Lutheran Retirement Center At Lutheridge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,279,399 | 2,808,674 | 470,725 | 0.2 | 40% |
| 2012 | 3,355,235 | 2,960,139 | 395,096 | 1.8 | 40% |
| 2013 | 3,333,540 | 2,877,048 | 456,492 | 3.7 | 42% |
| 2014 | 3,308,943 | 2,887,007 | 421,936 | 5.5 | 42% |
| 2015 | 3,661,225 | 3,054,064 | 607,161 | 7.5 | 41% |
| 2016 | 3,910,678 | 3,128,122 | 782,556 | 10.3 | 41% |
| 2017 | 3,570,822 | 3,123,230 | 447,592 | 12.3 | 43% |
| 2018 | 3,755,737 | 3,105,203 | 650,534 | 15.0 | 42% |
| 2019 | 3,530,977 | 3,158,419 | 372,558 | 16.2 | 43% |
| 2020 | 3,552,194 | 3,144,355 | 407,839 | 18.0 | 41% |
| 2021 | 3,058,007 | 3,220,220 | −162,213 | 17.5 | 43% |
| 2022 | 4,470,523 | 3,039,007 | 1,431,516 | 23.2 | 44% |
| 2023 | 4,579,408 | 3,170,229 | 1,409,179 | 27.9 | 44% |
In its most recent public year (2023), this organization brought in $1,409,179 more than it spent. Its reserves stood at about 27.9 months of spending, up from 0.2 in 2011. Staff pay was 44% of spending. $16,695 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 Retirement Center At Lutheridge 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