X — Religion-RelatedEIN: 383106702· Ruling Year: 1993

Lutheran Heritage Foundation

Macomb, Michigan

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$2.6M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$9.3M
Net Assets
📋
$185K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.7%
Year-over-year change (2022 → 2023)
Net Margin
-42.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.55
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,565,835↓10%$3,651,283↑36%$9,504,784
2022$2,841,175↓57%$2,683,021↑7%$9,524,409↓3%
2021$6,556,618↑220%$2,504,784↑5%$9,784,272↑67%
2020$2,048,265↓22%$2,375,862↓5%$5,846,048↓2%
2019$2,628,126↑10%$2,497,199$5,950,655↑5%
2018$2,396,701↑19%$2,495,864↑8%$5,668,922↓6%
2017$2,014,380↑14%$2,309,004↑24%$6,019,268↓1%
2016$1,767,589↓10%$1,866,140↓8%$6,076,571↓1%
2015$1,953,908↓39%$2,020,876↑9%$6,138,442↓1%
2014$3,225,759↑107%$1,855,705↑11%$6,221,138↑28%
2013$1,555,063↓14%$1,667,084↓2%$4,862,090↓2%
2012$1,807,224↓2%$1,709,058↑7%$4,949,351↑2%
2011$1,836,375$1,590,927$4,852,608

Frequently Asked Questions

What does Lutheran Heritage Foundation do?▼

Lutheran Heritage Foundation is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lutheran Heritage Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Lutheran Heritage Foundation has a score of 63/100 (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 Heritage Foundation generate?▼

Lutheran Heritage Foundation reports $4.2M in annual revenue and holds $10.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in Michigan.