Housing & Shelter
(L22Z)
990 on File
LUTHERAN HOUSING DEVELOPMENT FUND CORPORATION
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
74/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.8M
Total Revenue
$1.6M
Total Expenses
$-1,262,241
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
-9.53x
Liability-to-Asset
145.1%
Revenue Diversification
99.8%
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M 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
|
83.7% | 87.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.3% | 10.3% |
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
|
-9.5 mo | 12.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
145.1% | 39.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.8% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
5.4% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.9% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
9.8% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.8M | $1.6M | $-1,262,241 | 83.7% | 6 |
| 2023 | $1.7M | $1.5M | $-1,435,663 | 84.1% | 6 |
| 2022 | $1.6M | $1.5M | $-1,620,680 | 84.5% | 6 |
| 2021 | $1.7M | $1.5M | N/A | — | 6 |
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