Lutheran Home-winston-salem Inc
Only null% goes to programs Growing revenue
Lutheran Home-winston-salem Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 1963, with $13,579,283 in FY2023 revenue. CharityIndex grades it B.
Po Box 947, Salisbury, NC, 28145 EIN 56-1500212 Since 1963
Revenue (FY2023)
$13.6M
▲ 7.9% vs prior year
Health median: $840K
Expenses (FY2023)
$13.4M
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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-winston-salem Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 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-winston-salem Inc: 2 mo reserves · +1% margin earns a B 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-winston-salem 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-winston-salem 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
- Health Care
- Subcategory
- Nursing & Home Care
- Website
- …
Financial trends
Revenue grew from $9.1M (FY2013) to $13.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.8MNet assets $2.0M
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$1.8M
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,579,283▲7.9% | $13,389,490▲9.1% | $1,969,497▲21.5% | $3,805,004▼30.9% | 990 |
| 2022 | $12,584,347▼11.8% | $12,276,482▲4.8% | $1,621,616▲22.0% | $5,504,919▲4.9% | 990 |
| 2021 | $14,266,231▲21.4% | $11,715,734▲2.3% | $1,328,760▲209% | $5,247,961▲96.3% | 990 |
| 2020 | $11,756,085▲2.5% | $11,455,563▲5.3% | -$1,221,737▲19.7% | $2,673,820▼22.0% | 990 |
| 2019 | $11,471,744▲13.3% | $10,880,894▲3.5% | -$1,522,259▲28.0% | $3,428,439▲44.9% | 990 |
| 2018 | $10,125,533▲4.1% | $10,515,208▲2.5% | -$2,113,109▼22.6% | $2,365,869▼9.7% | 990 |
| 2017 | $9,727,454▼0.9% | $10,259,940▲3.3% | -$1,723,434▼44.7% | $2,621,189▲17.6% | 990 |
| 2016 | $9,814,784▲1.6% | $9,931,569▲3.0% | -$1,190,948▼15.0% | $2,229,438▼14.9% | 990 |
| 2015 | $9,656,334▼0.7% | $9,645,315▲2.1% | -$1,035,369▲1.1% | $2,619,062▼16.2% | 990 |
| 2014 | $9,721,589▲6.3% | $9,450,872▼3.0% | -$1,046,388▲20.6% | $3,125,105▲8.4% | 990 |
| 2013 | $9,142,767 | $9,744,735▲5.7% | -$1,317,104▼84.2% | $2,883,177▼12.1% | 990 |
| 2012 | — | $9,220,552▲10.4% | -$715,136▼25.6% | $3,279,263▼4.9% | 990 |
| 2011 | — | $8,352,022▲16.2% | -$569,404▼1835% | $3,446,697▲64.4% | 990 |
| 2010 | — | $7,186,073▼0.4% | -$29,427▲88.4% | $2,096,804▲11.8% | 990 |
| 2009 | — | $7,215,571 | -$254,546 | $1,875,170 | 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.
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Compare Lutheran Home-winston-salem Inc
Frequently asked questions
- Is Lutheran Home-winston-salem Inc a legitimate nonprofit?
- Yes. Lutheran Home-winston-salem Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1500212, based in Salisbury, North Carolina. Donations are tax-deductible.
- What is Lutheran Home-winston-salem Inc's EIN?
- Lutheran Home-winston-salem Inc's Employer Identification Number (EIN) is 56-1500212.
- How much revenue does Lutheran Home-winston-salem Inc report?
- Lutheran Home-winston-salem Inc reported $13,579,283 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lutheran Home-winston-salem Inc have?
- CharityIndex grades Lutheran Home-winston-salem Inc B, based on financial health (reserves and operating margin).
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Data for Lutheran Home-winston-salem Inc (EIN 56-1500212) 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.