ZUnclassifiedEIN: 260158686· Ruling Year: 1988

Lutheran Home - Wilmington Inc

Salisbury, North Carolina

B+Health Score
68B+

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)

This Org0.36×
Peer Median5.86×
💰
$13.2M
Total Revenue
📊
$12.7M
Total Expenses
🏦
$4.6M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.1%
Year-over-year change (2022 → 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.36
Net assets divided by total expenses
Liabilities-to-Assets
31.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,182,20510%$12,672,19511%$6,735,6157%
2022$14,656,94616%$11,376,8097%$6,305,09781%
2021$12,654,54610%$12,202,8429%$3,485,9651%
2020$11,509,3457%$11,214,2749%$3,517,36730%
2019$10,804,1365%$10,263,5822%$2,715,6642%
2018$10,295,8145%$10,440,8117%$2,767,72311%
2017$9,848,5664%$9,784,4405%$3,106,0985%
2016$9,444,3661%$9,341,0283%$2,960,2914%
2015$9,320,6329%$9,087,8174%$3,096,3004%
2014$8,515,6832%$8,744,4046%$3,226,0825%
2013$8,368,2667%$8,224,0176%$3,404,0145%
2012$7,818,286803%$7,773,535389%$3,234,04741%
2011$865,468$1,589,610$2,289,464

Frequently Asked Questions

What does Lutheran Home - Wilmington Inc do?

Lutheran Home - Wilmington 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 - Wilmington Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lutheran Home - Wilmington 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 - Wilmington Inc generate?

Lutheran Home - Wilmington Inc reports $13.9M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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Lutheran Home - Wilmington Inc — Salisbury, NC | GiveScope