Luther Memorial Home
Mayville, North Dakota
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 39 peers in Health Care 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 | $10,545,107↓5% | $11,056,526↑6% | $13,510,228↓6% | |
| 2022 | $11,108,042↓6% | $10,402,610↑5% | $14,348,681 | — |
| 2021 | $11,788,251↑21% | $9,953,668↑1% | $14,397,442↑1% | — |
| 2020 | $9,766,393↑102% | $9,904,045↑111% | $14,257,416↑14% | — |
| 2019 | $4,837,984↓49% | $4,683,173↓50% | $12,555,398↑2% | — |
| 2018 | $9,511,110↓2% | $9,292,038↑2% | $12,354,273↓1% | — |
| 2017 | $9,670,308↑5% | $9,096,622↑1% | $12,477,569↑4% | — |
| 2016 | $9,213,352↑1% | $9,040,646↑1% | $12,013,651↑1% | — |
| 2015 | $9,125,787↑2% | $8,931,375↑4% | $11,913,144 | — |
| 2014 | $8,915,285↓3% | $8,565,937↑5% | $11,889,272↑2% | — |
| 2013 | $9,177,254↑17% | $8,121,800↑4% | $11,650,250↑9% | — |
| 2012 | $7,832,671↑5% | $7,805,391↑2% | $10,653,946 | — |
| 2011 | $7,444,900 | $7,682,454 | $10,706,959 | — |
Frequently Asked Questions
What does Luther Memorial Home do?▼
Luther Memorial Home is a health care nonprofit organization based in North Dakota. It is classified under NTEE code E910 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Luther Memorial Home financially healthy?▼
Based on our 9-metric Financial Health Score model, Luther Memorial Home has a score of 65/100 (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 Luther Memorial Home generate?▼
Luther Memorial Home reports $10.5M in annual revenue and holds $13.9M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in North Dakota.