Lutheran Home-hickory Inc
Salisbury, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very 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 | $17,848,495↓7% | $18,471,509↑10% | $10,687,431↓3% | |
| 2022 | $19,191,858↑20% | $16,741,139↑6% | $11,015,128↑23% | — |
| 2021 | $16,014,095↑8% | $15,790,402↑7% | $8,958,824↓4% | — |
| 2020 | $14,885,311↑5% | $14,789,758↑5% | $9,351,726↑6% | — |
| 2019 | $14,153,547↑2% | $14,058,202 | $8,805,488↑2% | — |
| 2018 | $13,824,454↓2% | $14,050,892↑1% | $8,658,590↓2% | — |
| 2017 | $14,055,797↑9% | $13,886,563↑6% | $8,836,003↑3% | — |
| 2016 | $12,919,535↓2% | $13,135,254↑3% | $8,549,407↓1% | — |
| 2015 | $13,122,356↑2% | $12,783,396↑2% | $8,599,995↑4% | — |
| 2014 | $12,863,854↓4% | $12,497,852↓1% | $8,258,867↑4% | — |
| 2013 | $13,380,698↓2% | $12,687,255↓2% | $7,933,170↑13% | — |
| 2012 | $13,632,300↑5% | $12,908,238↑11% | $7,035,464↑14% | — |
| 2011 | $12,990,130 | $11,668,210 | $6,145,841 | — |
Frequently Asked Questions
What does Lutheran Home-hickory Inc do?▼
Lutheran Home-hickory 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-hickory Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Home-hickory Inc has a score of 75/100 (Grade: A-). 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-hickory Inc generate?▼
Lutheran Home-hickory Inc reports $18.4M in annual revenue and holds $10.8M in total assets, based on IRS filings.
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