PHuman ServicesEIN: 951765173· Ruling Year: 1955

Solvang Lutheran Home Inc

Solvang, California

A-Health Score
76A-

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 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.51×
Peer Median7.39×
💰
$16.6M
Total Revenue
📊
$15.4M
Total Expenses
🏦
$23.3M
Net Assets
📋
$14.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.51
Net assets divided by total expenses
Liabilities-to-Assets
38.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,580,00916%$15,414,0952%$37,913,70711%
2022$14,316,6061%$15,073,0908%$34,161,4974%
2021$14,433,6914%$13,913,3923%$35,503,0061%
2020$13,916,6314%$13,453,1273%$35,951,9281%
2019$14,479,1105%$13,105,471$36,186,3964%
2018$13,770,6083%$13,141,1922%$34,933,4471%
2017$13,364,1397%$12,888,4914%$35,446,951
2016$12,457,8477%$12,389,13815%$35,334,4592%
2015$11,621,85619%$10,747,02111%$35,927,38528%
2014$14,362,07941%$9,654,0774%$28,090,44061%
2013$10,161,62710%$9,264,8426%$17,419,4054%
2012$9,269,9728%$8,764,0965%$16,759,9964%
2011$8,580,147$8,333,333$16,058,171

Frequently Asked Questions

What does Solvang Lutheran Home Inc do?

Solvang Lutheran Home Inc is a human services nonprofit organization based in California. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Solvang Lutheran Home Inc financially healthy?

Based on our 9-metric Financial Health Score model, Solvang Lutheran Home Inc has a score of 76/100 (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 Solvang Lutheran Home Inc generate?

Solvang Lutheran Home Inc reports $17.5M in annual revenue and holds $35.6M in total assets, based on IRS filings.

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