Lutheran Home-albemarle Inc
Salisbury, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $9,894,918↓12% | $10,043,054↑9% | $6,634,706 | |
| 2022 | $11,242,513↑23% | $9,236,425↑4% | $6,603,705↑30% | — |
| 2021 | $9,142,249↑6% | $8,846,122↑8% | $5,090,743↑11% | — |
| 2020 | $8,627,827↑19% | $8,163,060↑9% | $4,602,596↑18% | — |
| 2019 | $7,275,140↑4% | $7,506,421↑5% | $3,915,129↓4% | — |
| 2018 | $6,981,392↓1% | $7,116,585↑1% | $4,091,027↓2% | — |
| 2017 | $7,083,316↑4% | $7,059,777 | $4,179,557↑1% | — |
| 2016 | $6,801,394↓3% | $7,083,106↑4% | $4,156,877↓4% | — |
| 2015 | $6,978,950↑3% | $6,808,008↑2% | $4,344,211↑5% | — |
| 2014 | $6,749,308↑2% | $6,691,810↑1% | $4,152,177↑1% | — |
| 2013 | $6,645,084 | $6,657,320↓4% | $4,116,197↑3% | — |
| 2012 | $6,641,808↓8% | $6,908,485↑3% | $3,999,744↓6% | — |
| 2011 | $7,251,808 | $6,688,331 | $4,237,332 | — |
Frequently Asked Questions
What does Lutheran Home-albemarle Inc do?▼
Lutheran Home-albemarle Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Home-albemarle Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Home-albemarle Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lutheran Home-albemarle Inc generate?▼
Lutheran Home-albemarle Inc reports $10.7M in annual revenue and holds $7.0M in total assets, based on IRS filings.
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