ZUnclassifiedEIN: 263328029· Ruling Year: 1988

Lutheran Home - Forsyth County Inc

Salisbury, North Carolina

B+Health Score
65B+

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 Org0.52×
Peer Median5.86×
💰
$11.1M
Total Revenue
📊
$10.3M
Total Expenses
🏦
$5.3M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.1%
Year-over-year change (2022 → 2023)
Net Margin
+7.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
21.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$11,129,05812%$10,268,5773%$6,737,39413%
2022$12,656,0517%$10,009,7141%$5,970,25366%
2021$11,789,99016%$10,076,5801%$3,585,98447%
2020$10,120,2282%$9,951,4262%$2,441,6808%
2019$9,929,1164%$9,741,2202%$2,654,7451%
2018$9,590,8505%$9,572,2422%$2,675,40314%
2017$9,130,6331%$9,429,1928%$3,096,09317%
2016$9,183,18151%$8,706,81131%$3,715,93010%
2015$6,101,305736%$6,646,6271073%$3,371,577374%
2014$729,72172972000%$566,65356665200%$711,118
2013$1$1$0
2012$1$1$0

Frequently Asked Questions

What does Lutheran Home - Forsyth County Inc do?

Lutheran Home - Forsyth County 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 - Forsyth County Inc financially healthy?

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

Lutheran Home - Forsyth County Inc reports $13.2M in annual revenue and holds $7.0M in total assets, based on IRS filings.

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