Human Services
(P750)
IRS Verified
DX Registered
990 on File
SPIRITRUST LUTHERAN
Financial strength (30%)
68/100
Reliability (20%)
70/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
SpiriTrust Lutheran, witnessing to the Gospel of Jesus Christ, provides exceptional health, human, and senior living services by supporting persons in achieving an optimal quality of life.
Financial Overview — FY 2024
$65.2M
Total Revenue
$68.7M
Total Expenses
$-25,594,399
Net Assets
1166
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.5%
Fundraising Efficiency
N/A
Operating Reserve
-4.47x
Liability-to-Asset
120.3%
Revenue Diversification
94.4%
Executive Compensation
$318K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations
(United States, Human Services, $10M–$100M 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
|
85.5% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.1% | 11.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-4.5 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
120.3% | 32.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.4% | 92.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
3.5% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.4% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.3% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $65.2M | $68.7M | $-25,594,399 | 85.5% | 1166 |
| 2023 | $63.0M | $71.2M | $-13,387,406 | 87.7% | 1172 |
| 2022 | $66.6M | $78.2M | $-322,078 | 89.7% | 1084 |
| 2021 | $71.8M | $71.2M | N/A | — | 1138 |
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