Harbor Homes INC

Nashua, New Hampshire

B+Health Score
67B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.26×
Peer Median12.01×
💰
$37.9M
Total Revenue
📊
$37.5M
Total Expenses
🏦
$9.7M
Net Assets
📋
$21.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.7%
Year-over-year change (2022 → 2023)
Net Margin
+1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
69.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$37,894,0403%$37,480,4991%$31,193,7309%
2022$36,882,0838%$37,123,3689%$28,609,6944%
2021$34,009,6694%$33,987,73313%$29,802,3186%
2020$32,699,4795%$30,037,4104%$31,595,86213%
2019$31,134,96412%$31,433,01911%$27,946,8461%
2018$27,910,20127%$28,247,96225%$27,581,972
2017$22,008,54033%$22,626,42829%$27,467,57426%
2016$16,514,9567%$17,529,94313%$21,827,5804%
2015$15,470,62710%$15,476,13818%$22,644,964
2014$17,168,45181%$13,121,00238%$22,572,41624%
2013$9,471,24516%$9,537,68914%$18,265,53915%
2012$8,162,24025%$8,386,00617%$15,893,6596%
2011$10,899,692$10,044,599$15,059,156

Frequently Asked Questions

What does Harbor Homes INC do?

Harbor Homes INC is a housing & shelter nonprofit organization based in New Hampshire. It is classified under NTEE code L21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harbor Homes INC financially healthy?

Based on our 9-metric Financial Health Score model, Harbor Homes INC has a score of 67/100 (Grade: B+). 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 Harbor Homes INC generate?

Harbor Homes INC reports $39.7M in annual revenue and holds $31.6M in total assets, based on IRS filings.

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