PHuman ServicesEIN: 042616064· Ruling Year: 1977

Springwell Inc

Waltham, Massachusetts

B+Health Score
72B+

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 139 peers in Human Services with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median0.22×
💰
$109.4M
Total Revenue
📊
$104.5M
Total Expenses
🏦
$29.3M
Net Assets
📋
$19.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.5%
Year-over-year change (2023 → 2024)
Net Margin
+4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
39.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$109,385,13412%$104,487,18610%$48,500,10012%
2023$98,073,65259%$94,603,55760%$43,286,66261%
2022$61,604,30119%$59,026,85118%$26,869,03517%
2021$51,833,6894%$49,912,3484%$23,019,80510%
2020$49,797,0297%$47,991,9346%$21,002,24413%
2019$46,533,75013%$45,429,43715%$18,597,71237%
2018$41,195,7005%$39,631,6354%$13,535,18815%
2017$39,236,7138%$37,978,1937%$11,797,88017%
2016$36,358,4305%$35,376,2246%$10,118,15813%
2015$34,680,36412%$33,254,20311%$8,976,71325%
2014$30,995,77314%$30,089,48314%$7,208,74921%
2013$27,072,14816%$26,472,19014%$5,942,70812%
2012$23,253,63817%$23,126,08419%$5,284,50916%
2011$19,869,339$19,366,021$4,541,771

Frequently Asked Questions

What does Springwell Inc do?

Springwell Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P810 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Springwell Inc financially healthy?

Based on our 9-metric Financial Health Score model, Springwell Inc has a score of 72/100 (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 Springwell Inc generate?

Springwell Inc reports $119.5M in annual revenue and holds $43.7M in total assets, based on IRS filings.

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