Human Services
(P75)
IRS Verified
DX Registered
990 on File
LUTHERAN HOMES INC
CharityAI™ Score
Not yet evaluated
Mission Statement
As an expression of Christ’s love, we serve individuals and their caregivers with compassion and respect for independence, wellness, and spiritual life.
Financial Overview — FY 2024
$48.7M
Total Revenue
$48.2M
Total Expenses
$32.9M
Net Assets
910
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.1%
Fundraising Efficiency
N/A
Operating Reserve
8.18x
Liability-to-Asset
61.7%
Revenue Diversification
96.7%
Executive Compensation
$996K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $48.7M | $48.2M | $32.9M | 88.1% | 910 |
| 2023 | $53.2M | $43.8M | $31.9M | 88.7% | 877 |
| 2022 | $39.2M | $39.5M | $21.6M | 89.5% | 817 |
| 2021 | $41.7M | $37.5M | N/A | — | 856 |
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