Augsburg Lutheran Home of Md Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE AUGSBURG ACORN FOUNDATION AIMS TO BUILD FINANCIAL RESOURCES THROUGH TAX DEDUCTIBLE GIFTS THAT WILL SUPPORT A BENEVOLENT CARE PROGRAM.
- Income
- $678,305
- Spending
- $1.2 million
- Spent on programs
- 100%
- Reserves
- -2.7 months of spending
- Largest source of income
- investment income, 86%
- Employees
- 168
- Volunteers
- 3
- Highest pay
- $497,990, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 25 out of 100. Higher than 3% of charities in its peer group (health care, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 44% of what it owns.
Living within its means
0 of 15Spending exceeded income by 73% of income.
Income trend
0 of 15Income fell 97% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 69% of charities in its peer group (health care, $250k to $1m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. UNTIL 2024, AUGSBURG WAS OPERATED AS A FAITH-BASED, NOT-FOR-PROFIT COMMUNITY AFFILIATED WITH THE EVANGELIC LUTHERAN CHURCH IN AMERICA AND THE LUTHERAN CHURCH MISSOURI SYNOD. AS THE TRANSITION TO A NEW OWNER OCCURRED, IT WAS PURPOSED THAT THE AUGSBURG ACORN FOUNDATION WOULD CONTINUE THE TRADITION OF GIVING TO THOSE IN NEED OF FINANCIAL SUPPORT IN THEIR HOUSING.AS A FAITH-BASED MINISTRY WITH MORE THAN A CENTURY OF SERVING OLDER ADULTS, WE BELIEVE WE ARE CALLED TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT TO RESIDENTS WHO HAVE BEEN GOOD FINANCIAL STEWARDS YET HAVE OUTLIVED THEIR RESOURCES AND CAN NO LONGER AFFORD THE SERVICES OR CARE THEY NEED.THE AUGSBURG ACORN FOUNDATION AIMS TO BUILD FINANCIAL RESOURCES THROUGH TAX DEDUCTIBLE GIFTS THAT WILL SUPPORT A BENEVOLENT CARE PROGRAM.MANAGED BY NATIONAL LUTHERAN COMMUNITIES & SERVICES, THIS BENEVOLENT CARE PROGRAM WILL PROVIDE FINANCIAL SUPPORT FOR THOSE CURRENTLY ON BENEVOLENT CARE AT AUGSBURG AND THOSE WHO MAY NEED FINANCIAL SUPPORT IN THE FUTURE, EITHER AS RESIDENTS AT AUGSBURG OR OTHER MEMBERS OF OUR CONGREGATIONS IN THE BALTIMORE REGION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.