PHuman ServicesEIN: 020350170

Granite State Independent Living

Concord, New Hampshire

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.52×
Peer Median7.39×
💰
$22.3M
Total Revenue
📊
$20.8M
Total Expenses
🏦
$10.7M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
31.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$22,349,61015%$20,759,28316%$15,635,28612%
2022$19,463,7985%$17,883,9561%$17,721,902104%
2021$18,559,4784%$17,652,0426%$8,676,1182%
2020$19,431,9515%$18,768,878$8,519,26215%
2019$18,489,9628%$18,762,7218%$7,390,0006%
2018$20,169,179$20,388,8403%$7,863,3042%
2017$20,146,8818%$19,823,68111%$8,016,4895%
2016$18,696,5338%$17,855,3187%$8,405,42224%
2015$17,234,3449%$16,680,1735%$6,756,92013%
2014$15,843,6592%$15,824,7832%$5,989,7253%
2013$15,570,1002%$15,566,3382%$6,169,0651%
2012$15,956,4157%$15,934,8534%$6,246,133
2011$17,147,377$16,670,599$6,250,411

Frequently Asked Questions

What does Granite State Independent Living do?

Granite State Independent Living is a human services nonprofit organization based in New Hampshire. It is classified under NTEE code P8XZ and is registered as a 501(c) tax-exempt organization with the IRS.

Is Granite State Independent Living financially healthy?

Based on our 9-metric Financial Health Score model, Granite State Independent Living has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Granite State Independent Living generate?

Granite State Independent Living reports $28.4M in annual revenue and holds $15.0M in total assets, based on IRS filings.

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