Lutheran Housing Corporation Of California
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 188,443 | 176,967 | 11,476 | 39.9 | 8% |
| 2021 | 230,872 | 176,526 | 54,346 | 43.7 | 4% |
| 2022 | 239,393 | 172,366 | 67,027 | 49.4 | 4% |
| 2023 | 229,561 | 190,542 | 39,019 | 47.1 | 4% |
In its most recent public year (2023), this organization brought in $39,019 more than it spent. Its reserves stood at about 47.1 months of spending, up from 39.9 in 2020. Staff pay was 4% 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
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