Luther Rice University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,896,425 | 4,675,773 | 220,652 | 9.3 | 53% |
| 2012 | 5,912,693 | 5,204,576 | 708,117 | 10.0 | 53% |
| 2013 | 5,802,649 | 5,439,728 | 362,921 | 10.3 | 58% |
| 2014 | 5,749,635 | 5,475,050 | 274,585 | 10.9 | 60% |
| 2015 | 5,547,185 | 5,289,270 | 257,915 | 11.8 | 61% |
| 2016 | 5,309,984 | 5,193,094 | 116,890 | 12.3 | 62% |
| 2017 | 5,375,178 | 5,110,190 | 264,988 | 13.1 | 58% |
| 2018 | 5,142,698 | 4,986,037 | 156,661 | 13.8 | 56% |
| 2019 | 4,938,556 | 4,714,600 | 223,956 | 15.2 | 56% |
| 2020 | 4,989,558 | 4,576,801 | 412,757 | 16.8 | 56% |
| 2021 | 5,382,930 | 5,022,932 | 359,998 | 16.1 | 51% |
| 2022 | 4,580,851 | 4,447,770 | 133,081 | 18.6 | 50% |
| 2023 | 4,709,932 | 4,256,953 | 452,979 | 20.7 | 53% |
| 2024 | 4,303,758 | 4,235,912 | 67,846 | 21.0 | 56% |
In its most recent public year (2024), this organization brought in $67,846 more than it spent. Its reserves stood at about 21 months of spending, up from 9.3 in 2011. Staff pay was 56% of spending. $1,368,474 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 2024. 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 Rice University Inc's IRS filings as a feed — one entry per filing year, through 2024. 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