Lutheran Retirement Center At Lutheridge Inc
Salisbury, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,579,408↑2% | $3,170,229↑4% | $9,089,105↑18% | — |
| 2022 | $4,470,523↑46% | $3,039,007↓6% | $7,684,642↑17% | — |
| 2021 | $3,058,007↓14% | $3,220,220↑2% | $6,554,773↓3% | — |
| 2020 | $3,552,194↑1% | $3,144,355 | $6,757,560↑2% | — |
| 2019 | $3,530,977↓6% | $3,158,419↑2% | $6,615,321↑4% | — |
| 2018 | $3,755,737↑5% | $3,105,203↓1% | $6,350,680↑10% | — |
| 2017 | $3,570,822↓9% | $3,123,230 | $5,795,712↑3% | — |
| 2016 | $3,910,678↑7% | $3,128,122↑2% | $5,603,333↓1% | — |
| 2015 | $3,661,225↑11% | $3,054,064↑6% | $5,650,784↑3% | — |
| 2014 | $3,308,943↓1% | $2,887,007 | $5,486,135↑5% | — |
| 2013 | $3,333,540↓1% | $2,877,048↓3% | $5,207,482↑6% | — |
| 2012 | $3,355,235↑2% | $2,960,139↑5% | $4,922,814↓3% | — |
| 2011 | $3,279,399 | $2,808,674 | $5,073,207 | — |
Frequently Asked Questions
What does Lutheran Retirement Center At Lutheridge Inc do?▼
Lutheran Retirement Center At Lutheridge Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Retirement Center At Lutheridge Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Retirement Center At Lutheridge Inc has a score of 83/100 (Grade: A-). 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 Center At Lutheridge Inc generate?▼
Lutheran Retirement Center At Lutheridge Inc reports $4.5M in annual revenue and holds $10.6M in total assets, based on IRS filings.
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