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North Carolina · Nonprofit

LUTHERAN RETIREMENT CENTER - SALISBURY INC

LUTHERAN RETIREMENT CENTER - SALISBURY INC (North Carolina) receives grants from 2 organizations whose IRS filings report $1,773,550 to it, the largest being THE FOUNDATION FOR ABUNDANT LIVING ($1,673,550). 1 of them have funded it in more than one year.

Revenue FY2025
$13M
Funders on record
2
Grants received
$1.8M
Net assets
$11M
1/2 repeat funderspeak grant-dependency 15%
01What it does

What Lutheran Retirement Center - Salisbury Inc does

Mission

Empowered by christ, we walk together with all we serve.

As stated on its FY2025 Form 990.

Program

  1. At lutheran retirement center - salisbury, inc., active retirees are afforded privacy and companionship. The community is designed with careful consideration given to safety, security, and accessibility. Professional and caring teammates are committed to providing comfort, care, and supportive services when or if those services are needed. Lutheran retirement center - salisbury, inc. Is mindful of the responsibilities of citizenry and strives to promote fairness and equality while providing quality healthcare and residential services. During the year ended september 30, 2025, lutheran retirement center- salisbury, inc. Provided 72,131 days of service to 246 residents.

    $8,872,004 spent$11,940,764 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,872,004.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($7.6M) Expenses 100 ($7.4M) Net assets -746 ($-2816718)2018 Revenue 132 ($10M) Expenses 110 ($8.1M) Net assets -216 ($-815114)2019 Revenue 130 ($9.9M) Expenses 118 ($8.8M) Net assets 100 ($378k)2020 Revenue 135 ($10M) Expenses 120 ($8.9M) Net assets 493 ($1.9M)2021 Revenue 128 ($9.8M) Expenses 119 ($8.8M) Net assets 824 ($3.1M)2022 Revenue 160 ($12M) Expenses 120 ($8.9M) Net assets 1576 ($6.0M)2023 Revenue 142 ($11M) Expenses 131 ($9.7M) Net assets 1917 ($7.2M)2024 Revenue 152 ($12M) Expenses 144 ($11M) Net assets 2336 ($8.8M)2025 Revenue 164 ($13M) Expenses 145 ($11M) Net assets 2982 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (164)Expenses (145)Net assets (2982)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $30M to $33M (+11%).

$24M
$26M
$25M
$23M
$24M
$27M
$28M
$30M
$33M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 5%. Grants only. Government contracts and fees sit inside program revenue.

1% of LUTHERAN RETIREMENT CENTER - SALISBURY INC’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$243k
’17
$1.9M
’18
$1.2M
’19
$1.4M
’20
$1.0M
’21
$3.3M
’22
$1.1M
’23
$980k
’24
$1.8M
’25
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Doug Nelson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed9999910101010
Joined·+0+0+1+5+1+0+0+2
No longer listed·00150002
03Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income fell $1.5M → $100k.

Funder
'18
'19
'20
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LUTHERAN RETIREMENT CENTER - SALISBURY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LUTHERAN RETIREMENT CENTER - SALISBURY INC leans on a few funders — its largest provides 94% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LUTHERAN RETIREMENT CENTER - SALISBURY INC.

94%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LUTHERAN RETIREMENT CENTER - SALISBURY INC's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’18
’19
North Carolina out of state home

Funder states come from each funder’s own filing. $100k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LUTHERAN RETIREMENT CENTER - SALISBURY INC runs a healthier operating margin than half of the 449 housing & shelter nonprofits its size.

Operating margin15% · above the median
Months of reserve4.3mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Organizations like LUTHERAN RETIREMENT CENTER - SALISBURY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 13%Fundraising 4%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 38 related entities

  • Lsa Pharmacy Inc · exempt
  • Lsa Management Inc · exempt
  • Lutheran Home - Forsyth County Inc · exempt
  • Lutheran Home at Trinity Oaks Inc · exempt
  • Lutheran Home - Albemarle Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LUTHERAN RETIREMENT CENTER - SALISBURY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LUTHERAN RETIREMENT CENTER - SALISBURY INC?
LUTHERAN RETIREMENT CENTER - SALISBURY INC (North Carolina) receives grants from 2 organizations whose IRS filings report $1,773,550 to it, the largest being THE FOUNDATION FOR ABUNDANT LIVING ($1,673,550). 1 of them have funded it in more than one year.
How many funders does LUTHERAN RETIREMENT CENTER - SALISBURY INC have?
IRS filings report 2 organizations giving $1,773,550 in grants to LUTHERAN RETIREMENT CENTER - SALISBURY INC, 1 of which have funded it in more than one year.
Who is the largest funder of LUTHERAN RETIREMENT CENTER - SALISBURY INC?
THE FOUNDATION FOR ABUNDANT LIVING is the largest funder on record, with $1,673,550 in grants. The full list of funders is on this page.
How can an organization like LUTHERAN RETIREMENT CENTER - SALISBURY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lutheran Retirement Center - Salisbury →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing