Lutheran Heritage Foundation
Macomb, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,565,835โ10% | $3,651,283โ36% | $9,504,784 | |
| 2022 | $2,841,175โ57% | $2,683,021โ7% | $9,524,409โ3% | โ |
| 2021 | $6,556,618โ220% | $2,504,784โ5% | $9,784,272โ67% | โ |
| 2020 | $2,048,265โ22% | $2,375,862โ5% | $5,846,048โ2% | โ |
| 2019 | $2,628,126โ10% | $2,497,199 | $5,950,655โ5% | โ |
| 2018 | $2,396,701โ19% | $2,495,864โ8% | $5,668,922โ6% | โ |
| 2017 | $2,014,380โ14% | $2,309,004โ24% | $6,019,268โ1% | โ |
| 2016 | $1,767,589โ10% | $1,866,140โ8% | $6,076,571โ1% | โ |
| 2015 | $1,953,908โ39% | $2,020,876โ9% | $6,138,442โ1% | โ |
| 2014 | $3,225,759โ107% | $1,855,705โ11% | $6,221,138โ28% | โ |
| 2013 | $1,555,063โ14% | $1,667,084โ2% | $4,862,090โ2% | โ |
| 2012 | $1,807,224โ2% | $1,709,058โ7% | $4,949,351โ2% | โ |
| 2011 | $1,836,375 | $1,590,927 | $4,852,608 | โ |
Frequently Asked Questions
What does Lutheran Heritage Foundation do?โผ
Lutheran Heritage Foundation is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Heritage Foundation financially healthy?โผ
Based on our 9-metric Financial Health Score model, Lutheran Heritage Foundation has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lutheran Heritage Foundation generate?โผ
Lutheran Heritage Foundation reports $4.2M in annual revenue and holds $10.4M in total assets, based on IRS filings.
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