SCommunity Improvement & Capacity BuildingEIN: 832095898· Ruling Year: 2019

Lutheran Social Ministries Of Maryland Inc

Westminster, Maryland

BHealth Score
64B

Financial Health Score

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

Above Average

💰
$6.0M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$1.7M
Net Assets
📋
$879K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
34.4%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$5,957,81613%$5,681,40113%$2,553,27441%
2022$5,293,3211%$5,005,84513%$1,812,45025%
2021$5,224,63224%$4,425,8195%$1,453,47918%
2020$4,202,99694%$4,226,70495%$1,235,29216%
2019$2,163,993$2,163,993$1,067,486

Frequently Asked Questions

What does Lutheran Social Ministries Of Maryland Inc do?

Lutheran Social Ministries Of Maryland Inc is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lutheran Social Ministries Of Maryland Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lutheran Social Ministries Of Maryland Inc has a score of 64/100 (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 Social Ministries Of Maryland Inc generate?

Lutheran Social Ministries Of Maryland Inc reports $6.1M in annual revenue and holds $2.6M in total assets, based on IRS filings.

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