Lutheran Services For The Aging Inc
Salisbury, North Carolina
A-Health Score
80A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$656K
Total Revenue
📊
$206K
Total Expenses
🏦
$9.0M
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-24.5%
Year-over-year change (2022 → 2023)
Net Margin
+68.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
43.94
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $656,164↓25% | $205,593↓52% | $9,037,021↑13% | — |
| 2022 | $869,433↑107% | $425,049↑540% | $8,029,519↓12% | — |
| 2021 | $420,177↑49% | $66,452↓17% | $9,169,418↑13% | — |
| 2020 | $282,835↓11% | $80,190↑15% | $8,090,463↑7% | — |
| 2019 | $316,544↓10% | $69,744↓46% | $7,543,028↑3% | — |
| 2018 | $352,720↑100% | $130,146↓86% | $7,321,500↑2% | — |
| 2017 | $176,438↓50% | $962,614↓28% | $7,145,999↓5% | — |
| 2016 | $354,719↓31% | $1,345,943↑25% | $7,530,028↓9% | — |
| 2015 | $513,852↓59% | $1,079,702↓39% | $8,231,934↓7% | — |
| 2014 | $1,260,865↓10% | $1,774,658↓42% | $8,894,801↓7% | — |
| 2013 | $1,407,757↑16% | $3,079,728↑483% | $9,536,862↓12% | — |
| 2012 | $1,215,272↓51% | $528,151↓16% | $10,827,165↑13% | — |
| 2011 | $2,503,053 | $628,654 | $9,585,698 | — |
Frequently Asked Questions
What does Lutheran Services For The Aging Inc do?▼
Lutheran Services For The Aging Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Services For The Aging Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lutheran Services For The Aging Inc.
How much revenue does Lutheran Services For The Aging Inc generate?▼
Lutheran Services For The Aging Inc reports $344K in annual revenue and holds $10.5M in total assets, based on IRS filings.
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