Solvang Lutheran Home Inc
Solvang, California
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 15 peers in Human Services 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 | $16,580,009↑16% | $15,414,095↑2% | $37,913,707↑11% | — |
| 2022 | $14,316,606↓1% | $15,073,090↑8% | $34,161,497↓4% | — |
| 2021 | $14,433,691↑4% | $13,913,392↑3% | $35,503,006↓1% | — |
| 2020 | $13,916,631↓4% | $13,453,127↑3% | $35,951,928↓1% | — |
| 2019 | $14,479,110↑5% | $13,105,471 | $36,186,396↑4% | — |
| 2018 | $13,770,608↑3% | $13,141,192↑2% | $34,933,447↓1% | — |
| 2017 | $13,364,139↑7% | $12,888,491↑4% | $35,446,951 | — |
| 2016 | $12,457,847↑7% | $12,389,138↑15% | $35,334,459↓2% | — |
| 2015 | $11,621,856↓19% | $10,747,021↑11% | $35,927,385↑28% | — |
| 2014 | $14,362,079↑41% | $9,654,077↑4% | $28,090,440↑61% | — |
| 2013 | $10,161,627↑10% | $9,264,842↑6% | $17,419,405↑4% | — |
| 2012 | $9,269,972↑8% | $8,764,096↑5% | $16,759,996↑4% | — |
| 2011 | $8,580,147 | $8,333,333 | $16,058,171 | — |
Frequently Asked Questions
What does Solvang Lutheran Home Inc do?▼
Solvang Lutheran Home Inc is a human services nonprofit organization based in California. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Solvang Lutheran Home Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Solvang Lutheran Home Inc has a score of 76/100 (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 Solvang Lutheran Home Inc generate?▼
Solvang Lutheran Home Inc reports $17.5M in annual revenue and holds $35.6M in total assets, based on IRS filings.
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