Lutheran Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,399,531 | 2,495,007 | −95,476 | 8.5 | 26% |
| 2012 | 2,534,919 | 2,681,500 | −146,581 | 7.2 | 23% |
| 2013 | 2,554,240 | 2,571,422 | −17,182 | 7.4 | 21% |
| 2014 | 2,528,330 | 2,634,122 | −105,792 | 6.8 | 22% |
| 2015 | 2,591,512 | 2,570,072 | 21,440 | 7.0 | 21% |
| 2016 | 2,675,408 | 2,559,019 | 116,389 | 7.6 | 21% |
| 2017 | 2,699,743 | 2,506,844 | 192,899 | 8.7 | 22% |
| 2018 | 2,662,893 | 2,607,451 | 55,442 | 8.6 | 21% |
| 2019 | 14,047,066 | 2,176,707 | 11,870,359 | 75.8 | 20% |
| 2020 | 1,399,720 | 11,146,039 | −9,746,319 | 4.2 | 2% |
| 2021 | 1,422,922 | 1,120,090 | 302,832 | 44.6 | 19% |
| 2022 | 66,437 | 1,502,719 | −1,436,282 | 21.8 | 0% |
In its most recent public year (2022), this organization spent $1,436,282 more than it brought in. Its reserves stood at about 21.8 months of spending, up from 8.5 in 2011. Staff pay was 0% 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 2022. 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 Residences Inc's IRS filings as a feed — one entry per filing year, through 2022. 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