Lutheran Home-hickory West 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 | $15,130,191↓5% | $14,852,389↑12% | $8,133,232↑11% | |
| 2022 | $15,854,734↑12% | $13,263,744↑5% | $7,294,489↑58% | — |
| 2021 | $14,117,518↑8% | $12,598,128↑5% | $4,616,109↑20% | — |
| 2020 | $13,119,578↑12% | $11,967,657↑4% | $3,862,141↑43% | — |
| 2019 | $11,662,714 | $11,467,463↓2% | $2,709,655↓8% | — |
| 2018 | $11,646,287↑1% | $11,654,477↑4% | $2,945,601↓8% | — |
| 2017 | $11,513,179↑4% | $11,168,574↑1% | $3,209,476↓9% | — |
| 2016 | $11,093,489↑1% | $11,024,906↑1% | $3,530,067↓14% | — |
| 2015 | $10,953,630↑5% | $10,904,412 | $4,115,295↑3% | — |
| 2014 | $10,416,456↑17% | $10,958,114↑24% | $3,989,897↑1% | — |
| 2013 | $8,887,415↓7% | $8,850,238↓16% | $3,960,915↑52% | — |
| 2012 | $9,511,090↓9% | $10,563,635↑18% | $2,607,459↓37% | — |
| 2011 | $10,416,416 | $8,970,603 | $4,162,601 | — |
Frequently Asked Questions
What does Lutheran Home-hickory West Inc do?▼
Lutheran Home-hickory West 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 West Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Home-hickory West Inc has a score of 68/100 (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-hickory West Inc generate?▼
Lutheran Home-hickory West Inc reports $16.4M in annual revenue and holds $6.9M in total assets, based on IRS filings.
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