Housing & Shelter
(L21)
990 on File
LUTHERAN HOUSING DEVELOPMENT FUND CORPORATION AT CONCORD VILLAGE
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$679K
Total Revenue
$798K
Total Expenses
$-1,772,733
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.7%
Fundraising Efficiency
N/A
Operating Reserve
-26.67x
Liability-to-Asset
165.3%
Revenue Diversification
99.3%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.7% | 87.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.3% | 11.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-26.7 mo | 13.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
165.3% | 25.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 91.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-0.1% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.7% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.4% | -6.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $679K | $798K | $-1,772,733 | 79.7% | 3 |
| 2023 | $680K | $846K | $-1,654,334 | 81.6% | 3 |
| 2022 | $711K | $849K | $-1,488,489 | 80.8% | 3 |
| 2021 | $610K | $834K | N/A | — | 3 |
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