CSCharityScored
81

Lutheran Retirement Center Wilmington Inc

Other · Salisbury, North Carolina

Po Box 947, Salisbury, NC 28145-0947

EIN: 561500308· Founded: Aug 1963· 63 years active· Filing Year: 2023

Annual Revenue

$11.3M

Total Expenses

$11.1M

Total Assets

$136.9M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$2.9M

Total Payroll

$2.9M

26% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 26%
Other overhead: 1%
Program Revenue$11.0M (98%)
Total Expenses$11.1M (99%)
Payroll$2.9M (26%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$11.3M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$136.9M 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.