LHousing & ShelterEIN: 042478888· Ruling Year: 1968

2life Communities Inc

Brighton, Massachusetts

A-Health Score
78A-

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.47×
Peer Median12.01×
💰
$10.1M
Total Revenue
📊
$16.0M
Total Expenses
🏦
$39.5M
Net Assets
📋
$3.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+105.8%
Year-over-year change (2022 → 2023)
Net Margin
-58.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.47
Net assets divided by total expenses
Liabilities-to-Assets
7.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$10,109,516106%$15,976,6538%$42,561,747
2022$4,911,11531%$14,736,62117%$42,497,96726%
2021$7,095,67353%$12,585,78024%$57,717,6297%
2020$15,164,976323%$10,116,901997%$62,107,59890%
2019$3,585,33789%$922,39166%$32,608,11137%
2018$33,307,5581724%$2,695,97242%$51,653,744142%
2017$1,826,10255%$1,904,002162%$21,319,1114%
2016$1,177,16735%$725,928525%$20,561,2782%
2015$1,800,037122%$116,141814%$20,066,7569%
2014$809,21195%$12,703100%$18,423,5603%
2013$16,713,572338%$2,644,28115%$17,901,903239%
2012$3,819,8854%$3,100,4744%$5,283,07612%
2011$3,666,3697%$2,994,8292%$4,697,0215%
2010$3,424,351$3,066,326$4,476,513

Frequently Asked Questions

What does 2life Communities Inc do?

2life Communities Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is 2life Communities Inc financially healthy?

Based on our 9-metric Financial Health Score model, 2life Communities Inc has a score of 78/100 (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 2life Communities Inc generate?

2life Communities Inc reports $19.9M in annual revenue and holds $59.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Massachusetts.