CSCharityScored
89

Solheim Lutheran Home

Health · Los Angeles, California

2236 Merton Ave, Los Angeles, CA 90041-1915

EIN: 951643384· Founded: Nov 1961· 65 years active· Filing Year: 2023

Annual Revenue

$17.8M

Total Expenses

$17.5M

Total Assets

$17.9M

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$779K

4.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.5M

Total Payroll

$7.3M

41% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 41%
Other overhead: 7%
Program Revenue$16.2M (91%)
Total Expenses$17.5M (99%)
Payroll$7.3M (41%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$17.8M annual revenue

15%

Executive Compensation

$779K total officer comp (4.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$17.9M 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.