Lutheran Housing Services 8 Non Profit Housing Corporation is a 501(c)(3) organization based in Temperance, Michigan, registered in 2014, with $695,115 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$695K
▲ 2.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$791K
Net assets
-$965K
Employees
—
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 Services 8 Non Profit Housing Corporation— 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 Services 8 Non Profit Housing Corporation: 0 mo reserves · -14% margin earns a F 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 Services 8 Non Profit Housing Corporation— 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 Services 8 Non Profit Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $679K (FY2014) to $695K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-13.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$2.4M
Net assets
-$965K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $695,115▲2.2% | $790,836▼7.6% | -$965,219▼11.0% | $1,387,388▼14.0% | 990 |
| 2023 | $680,386▼2.9% | $855,862▼0.4% | -$869,848▼25.2% | $1,613,431▼9.7% | 990 |
| 2022 | $700,919▲2.3% | $858,986▼0.7% | -$694,872▼29.3% | $1,787,196▼6.8% | 990 |
| 2021 | $684,869▲1.8% | $865,031▲2.0% | -$537,230▼50.2% | $1,916,846▼8.9% | 990 |
| 2020 | $673,075▼0.5% | $847,676▼4.0% | -$357,728▼95.1% | $2,104,351▼9.0% | 990 |
| 2019 | $676,747▲0.8% | $883,087▲5.4% | -$183,347▼913% | $2,313,520▼10.0% | 990 |
| 2018 | $671,166▼2.2% | $837,480▲9.1% | $22,553▼88.0% | $2,571,334▼8.0% | 990 |
| 2017 | $686,265▼0.4% | $767,692▼6.7% | $188,032▼53.6% | $2,795,474▼10.5% | 990 |
| 2015 | $689,201▲1.5% | $823,138▲0.3% | $405,491▼24.8% | $3,124,864▼7.6% | 990 |
| 2014 | $679,221 | $820,396 | $539,359 | $3,382,864 | 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 Services 8 Non Profit Housing Corporation (EIN 80-0829691) 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.