Lutheran Home - Forsyth County Inc
Salisbury, North Carolina
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,129,058↓12% | $10,268,577↑3% | $6,737,394↑13% | |
| 2022 | $12,656,051↑7% | $10,009,714↓1% | $5,970,253↑66% | — |
| 2021 | $11,789,990↑16% | $10,076,580↑1% | $3,585,984↑47% | — |
| 2020 | $10,120,228↑2% | $9,951,426↑2% | $2,441,680↓8% | — |
| 2019 | $9,929,116↑4% | $9,741,220↑2% | $2,654,745↓1% | — |
| 2018 | $9,590,850↑5% | $9,572,242↑2% | $2,675,403↓14% | — |
| 2017 | $9,130,633↓1% | $9,429,192↑8% | $3,096,093↓17% | — |
| 2016 | $9,183,181↑51% | $8,706,811↑31% | $3,715,930↑10% | — |
| 2015 | $6,101,305↑736% | $6,646,627↑1073% | $3,371,577↑374% | — |
| 2014 | $729,721↑72972000% | $566,653↑56665200% | $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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