Springwell Inc
Waltham, Massachusetts
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $109,385,134↑12% | $104,487,186↑10% | $48,500,100↑12% | |
| 2023 | $98,073,652↑59% | $94,603,557↑60% | $43,286,662↑61% | — |
| 2022 | $61,604,301↑19% | $59,026,851↑18% | $26,869,035↑17% | — |
| 2021 | $51,833,689↑4% | $49,912,348↑4% | $23,019,805↑10% | — |
| 2020 | $49,797,029↑7% | $47,991,934↑6% | $21,002,244↑13% | — |
| 2019 | $46,533,750↑13% | $45,429,437↑15% | $18,597,712↑37% | — |
| 2018 | $41,195,700↑5% | $39,631,635↑4% | $13,535,188↑15% | — |
| 2017 | $39,236,713↑8% | $37,978,193↑7% | $11,797,880↑17% | — |
| 2016 | $36,358,430↑5% | $35,376,224↑6% | $10,118,158↑13% | — |
| 2015 | $34,680,364↑12% | $33,254,203↑11% | $8,976,713↑25% | — |
| 2014 | $30,995,773↑14% | $30,089,483↑14% | $7,208,749↑21% | — |
| 2013 | $27,072,148↑16% | $26,472,190↑14% | $5,942,708↑12% | — |
| 2012 | $23,253,638↑17% | $23,126,084↑19% | $5,284,509↑16% | — |
| 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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