EHealth CareEIN: 383081979· Ruling Year: 1993

Lutheran Home Care Agency Inc

Saginaw, Michigan

DHealth Score
32D

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Poor

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.10×
Peer Median29.34×
💰
$876K
Total Revenue
📊
$1.2M
Total Expenses
🏦
-$126K
Net Assets
📋
$4.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-50.3%
Year-over-year change (2022 → 2023)
Net Margin
-39.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.10
Net assets divided by total expenses
Liabilities-to-Assets
102.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$876,10450%$1,224,16739%$4,335,6195%
2022$1,763,89449%$2,009,89729%$4,141,32912%
2021$3,468,6603%$2,816,21313%$3,692,88927%
2020$3,580,5571%$3,231,21610%$2,916,56278%
2019$3,546,36917%$3,577,81114%$1,635,60853%
2018$3,029,4384%$3,128,1524%$1,071,9392%
2017$3,151,7468%$3,250,0356%$1,048,3942%
2016$3,416,9744%$3,474,9518%$1,067,93957%
2015$3,566,50912%$3,765,7386%$2,502,20345%
2014$4,059,6647%$4,015,3473%$1,725,33157%
2013$3,791,27437%$4,146,80232%$1,097,89518%
2012$2,759,70324%$3,140,74122%$933,21111%
2012$3,622,4565%$4,051,53815%$839,6026%
2011$3,449,356$3,516,472$892,662

Frequently Asked Questions

What does Lutheran Home Care Agency Inc do?

Lutheran Home Care Agency Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E920 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lutheran Home Care Agency Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lutheran Home Care Agency Inc.

How much revenue does Lutheran Home Care Agency Inc generate?

Lutheran Home Care Agency Inc reports $1.7M in annual revenue and holds $4.9M in total assets, based on IRS filings.

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