CSCharityScored
76

Lutheran Home-Albemarle Inc

Other · Salisbury, North Carolina

Po Box 947, Salisbury, NC 28145-0947

EIN: 201457298· Founded: Apr 1988· 38 years active· Filing Year: 2023

Annual Revenue

$9.9M

Total Expenses

$10.0M

Total Assets

$6.6M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$5.3M

Total Payroll

$5.3M

53% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 53%
Other overhead: 3%
Program Revenue$9.7M (98%)
Total Expenses$10.0M (100%)
Payroll$5.3M (53%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$9.9M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.