P — Human ServicesEIN: 042104239· Ruling Year: 1936

Friendly House Inc

Worcester, Massachusetts

AHealth Score
86A

Financial Health Score

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

Excellent

💰
$10.2M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$4.6M
Net Assets
📋
$902K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.1%
Year-over-year change (2023 → 2024)
Net Margin
+12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
16.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$10,242,378↑26%$8,976,185↑23%$5,513,811↑32%
2023$8,120,195↑34%$7,320,143↑22%$4,181,126↑27%
2022$6,043,839↓14%$6,006,534↑2%$3,296,125↓2%
2021$7,006,456↑30%$5,906,093↑15%$3,370,400↑19%
2020$5,390,938↑9%$5,152,880↑4%$2,822,280↑32%
2019$4,958,018↓4%$4,975,232↓4%$2,144,781↑1%
2018$5,169,686↑3%$5,162,512↑6%$2,128,930↓3%
2017$4,996,280↑10%$4,869,223↑8%$2,186,671↑9%
2016$4,528,946↑1%$4,513,118↑1%$2,013,304↑10%
2015$4,476,696↑13%$4,451,545↑9%$1,828,789↓9%
2014$3,972,635↑9%$4,077,651↑12%$2,018,801↑4%
2013$3,639,135↓1%$3,644,760↑3%$1,946,242↑33%
2012$3,673,591$3,525,825$1,465,540

Frequently Asked Questions

What does Friendly House Inc do?▼

Friendly House Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P600 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendly House Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Friendly House Inc has a score of 86/100 (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 Friendly House Inc generate?▼

Friendly House Inc reports $9.8M in annual revenue and holds $5.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Massachusetts.