Lutheran Home-hickory West Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs
Lutheran Home-hickory West Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 1988, with $16,027,774 in FY2023 revenue. CharityIndex grades it B.
Po Box 947, Salisbury, NC, 28145 EIN 20-1457410 Since 1988
Revenue (FY2023)
$16.0M
▲ 5.9% vs prior year
Expenses (FY2023)
$15.9M
Net assets
$5.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lutheran Home-hickory West Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lutheran Home-hickory West Inc: 4 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lutheran Home-hickory West Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lutheran Home-hickory West Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 947, Salisbury, NC, 28145
- City
- Salisbury
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $10.4M (FY2013) to $16.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $475KNet assets $5.9M
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$475K
Net assets
$5.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,027,774▲5.9% | $15,942,524▲7.3% | $5,949,295▲6.2% | $6,424,606▼21.0% | 990 |
| 2022 | $15,130,191▼4.6% | $14,852,389▲12.0% | $5,600,422▲4.8% | $8,133,232▲11.5% | 990 |
| 2021 | $15,854,734▲12.3% | $13,263,744▲5.3% | $5,344,947▲94.1% | $7,294,489▲58.0% | 990 |
| 2020 | $14,117,518▲7.6% | $12,598,128▲5.3% | $2,753,957▲123% | $4,616,109▲19.5% | 990 |
| 2019 | $13,119,578▲12.5% | $11,967,657▲4.4% | $1,234,567▲1394% | $3,862,141▲42.5% | 990 |
| 2018 | $11,662,714▲0.1% | $11,467,463▼1.6% | $82,646▲173% | $2,709,655▼8.0% | 990 |
| 2017 | $11,646,287▲1.2% | $11,654,477▲4.4% | -$112,605▼7.8% | $2,945,601▼8.2% | 990 |
| 2016 | $11,513,179▲3.8% | $11,168,574▲1.3% | -$104,415▲73.6% | $3,209,476▼9.1% | 990 |
| 2015 | $11,093,489▲1.3% | $11,024,906▲1.1% | -$395,536▲14.8% | $3,530,067▼14.2% | 990 |
| 2014 | $10,953,630▲5.2% | $10,904,412▼0.5% | -$464,119▲9.6% | $4,115,295▲3.1% | 990 |
| 2013 | $10,416,456 | $10,958,114▲23.8% | -$513,337▼1913% | $3,989,897▲0.7% | 990 |
| 2012 | — | $8,850,238▼16.2% | $28,321▲420% | $3,960,915▲51.9% | 990 |
| 2011 | — | $10,563,635▲17.8% | -$8,856▼101% | $2,607,459▼37.4% | 990 |
| 2010 | — | $8,970,603▲7.3% | $1,043,689▲360% | $4,162,601▲47.1% | 990 |
| 2009 | — | $8,356,569 | -$402,124 | $2,830,114 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Lutheran Home-hickory West Inc a legitimate nonprofit?
- Yes. Lutheran Home-hickory West Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1457410, based in Salisbury, North Carolina. Donations are tax-deductible.
- What is Lutheran Home-hickory West Inc's EIN?
- Lutheran Home-hickory West Inc's Employer Identification Number (EIN) is 20-1457410.
- How much revenue does Lutheran Home-hickory West Inc report?
- Lutheran Home-hickory West Inc reported $16,027,774 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lutheran Home-hickory West Inc have?
- CharityIndex grades Lutheran Home-hickory West Inc B, based on financial health (reserves and operating margin).
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Data for Lutheran Home-hickory West Inc (EIN 20-1457410) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.