ZUnclassifiedEIN: 201457341· Ruling Year: 1988

Lutheran Home-hickory Inc

Salisbury, North Carolina

A-Health Score
75A-

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)

This Org0.52×
Peer Median5.86×
💰
$17.8M
Total Revenue
📊
$18.5M
Total Expenses
🏦
$9.7M
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.0%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
9.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,848,4957%$18,471,50910%$10,687,4313%
2022$19,191,85820%$16,741,1396%$11,015,12823%
2021$16,014,0958%$15,790,4027%$8,958,8244%
2020$14,885,3115%$14,789,7585%$9,351,7266%
2019$14,153,5472%$14,058,202$8,805,4882%
2018$13,824,4542%$14,050,8921%$8,658,5902%
2017$14,055,7979%$13,886,5636%$8,836,0033%
2016$12,919,5352%$13,135,2543%$8,549,4071%
2015$13,122,3562%$12,783,3962%$8,599,9954%
2014$12,863,8544%$12,497,8521%$8,258,8674%
2013$13,380,6982%$12,687,2552%$7,933,17013%
2012$13,632,3005%$12,908,23811%$7,035,46414%
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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