Lutheran Retirement Home Of Greater Seattle Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,454,647 | 14,008,019 | 446,628 | 10.0 | 47% |
| 2012 | 14,765,696 | 14,478,610 | 287,086 | 10.5 | 48% |
| 2013 | 14,577,903 | 14,154,025 | 423,878 | 11.7 | 50% |
| 2014 | 15,198,659 | 14,840,989 | 357,670 | 10.8 | 49% |
| 2015 | 16,208,267 | 16,862,779 | −654,512 | 8.1 | 49% |
| 2016 | 15,966,054 | 17,889,880 | −1,923,826 | 7.1 | 48% |
| 2017 | 18,044,908 | 18,449,905 | −404,997 | 7.6 | 44% |
| 2018 | 18,839,118 | 18,811,152 | 27,966 | 6.0 | 43% |
| 2019 | 18,860,416 | 20,583,080 | −1,722,664 | 5.6 | 40% |
| 2020 | 21,769,384 | 21,997,000 | −227,616 | 5.6 | 39% |
| 2021 | 21,992,663 | 22,668,077 | −675,414 | 4.9 | 36% |
| 2022 | 20,485,068 | 23,487,844 | −3,002,776 | 0.7 | 36% |
| 2023 | 20,873,764 | 25,150,630 | −4,276,866 | -1.1 | 39% |
In its most recent public year (2023), this organization spent $4,276,866 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 10 in 2011. Staff pay was 39% of spending. $122,168 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 Home Of Greater Seattle 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