Lutheran Housing Corp - Brockton is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 1983, with $17,745,623 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$17.7M
▲ 14.8% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$17.3M
Net assets
$6.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lutheran Housing Corp - Brockton— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lutheran Housing Corp - Brockton: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lutheran Housing Corp - Brockton— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lutheran Housing Corp - Brockton: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.9M (FY2013) to $17.7M (FY2023) across 8 reported years.
Financial snapshot
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33.7M
Total liabilities
$27.4M
Net assets
$6.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $17,745,623▲14.8% | $17,255,849▲12.5% | $6,247,318▲8.5% | $33,672,875▲0.1% | 990 |
| 2022 | $15,461,651▲9.1% | $15,333,471▲11.5% | $5,757,544▲105% | $33,628,648▲6.1% | 990 |
| 2021 | $14,169,061 | $13,751,352 | $2,802,902 | $31,680,817 | 990 |
| 2020 | $0▼100% | $0▼100% | $0▲100% | $0▼100% | 990EZ |
| 2016 | $3,029,324▼0.8% | $3,414,978▲6.0% | -$718,270▼111% | $2,727,412▼8.2% | 990 |
| 2015 | $3,052,409▲4.3% | $3,220,854▲13.1% | -$339,892▼85.8% | $2,970,256▼8.6% | 990 |
| 2014 | $2,927,207▲2.5% | $2,847,839▼1.2% | -$182,915▲38.7% | $3,250,098▲22.9% | 990 |
| 2013 | $2,855,173 | $2,883,139▲2.3% | -$298,171▼10.3% | $2,644,426▼5.0% | 990 |
| 2012 | — | $2,818,540 | -$270,205▲36.1% | $2,782,401▼2.6% | 990 |
| 2011 | — | $2,819,725▲0.1% | -$423,140▲10.4% | $2,855,750▼3.2% | 990 |
| 2010 | — | $2,818,021 | -$472,218▲6.6% | $2,949,505▼3.1% | 990 |
| 2009 | — | $2,816,812 | -$505,618 | $3,045,085 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Lutheran Housing Corp - Brockton (EIN 04-2982927) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.