Lutheran Retirement Ministries of Alamance County North Carolina
Burlington, 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 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $46,915,283↑17% | $44,065,773↑8% | $212,350,553↑9% | |
| 2022 | $40,219,787 | $40,946,806↑23% | $194,352,583↑1% | — |
| 2021 | $40,218,325↑17% | $33,281,657↑2% | $193,099,314↑4% | — |
| 2020 | $34,457,796↑2% | $32,657,753↑1% | $185,998,741↑49% | — |
| 2019 | $33,699,933↑5% | $32,328,948↑10% | $124,802,908↑4% | — |
| 2018 | $32,079,026↑8% | $29,350,409↑4% | $119,799,993↑2% | — |
| 2017 | $29,758,624↑9% | $28,211,131↑10% | $117,765,785↑5% | — |
| 2016 | $27,268,972↑1% | $25,549,331↑3% | $111,859,541↑3% | — |
| 2015 | $26,998,603↑5% | $24,712,219↑3% | $109,085,668↓1% | — |
| 2014 | $25,801,176↑2% | $23,966,286↑3% | $109,660,407↑2% | — |
| 2013 | $25,328,606↑1% | $23,208,986↑2% | $107,083,537↑3% | — |
| 2012 | $25,053,343↑5% | $22,819,086↑7% | $104,023,019↑2% | — |
| 2011 | $23,839,024 | $21,411,064 | $101,607,243 | — |
Frequently Asked Questions
What does Lutheran Retirement Ministries of Alamance County North Carolina do?▼
Lutheran Retirement Ministries of Alamance County North Carolina is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Retirement Ministries of Alamance County North Carolina financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Retirement Ministries of Alamance County North Carolina has a score of 73/100 (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 Retirement Ministries of Alamance County North Carolina generate?▼
Lutheran Retirement Ministries of Alamance County North Carolina reports $51.9M in annual revenue and holds $254.3M in total assets, based on IRS filings.
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