IRS Form 990 · EIN 38-1358410

Lutheran Homes Of Michigan Inc

Saginaw, MI 48603-2600 · Tax year 2023

$36.3M

Total revenue

$37.9M

Total expenses

$361K

Net income

1.0%

Operating margin

Financial summary

Compared to 19 organizations with NTEE E91 in MI

Avg revenue (peers)

$12.4M

This org:$36.3M

Avg net income (peers)

$32K

This org:$361K

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$36.3M	$37.9M	$361K	$57.9M
2022	$38.1M	$36.6M	$838K	$59.7M
2021	$42.5M	$36.1M	$4.2M	$62.1M
2020	$38.3M	$36.0M	$406K	$57.9M
2019	$37.6M	$37.4M	$498K	$52.6M
2018	$48.0M	$44.4M	$3.5M	$53.3M
2017	$46.6M	$46.5M	$-78K	$54.0M
2016	$46.2M	$46.2M	$-23K	$50.6M
2015	$45.3M	$45.8M	$-15K	$51.5M
2014	$36.5M	$35.1M	$33K	$38.9M

This organization appears to be a hospital. Explore additional data sources: