Salem Community Corp
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $25,483,552↑11% | $26,987,353↑12% | $73,629,717↑2% | — |
| 2022 | $22,944,953↑14% | $24,201,197↑14% | $72,117,974↑3% | — |
| 2021 | $20,062,867↓1% | $21,274,508↑4% | $69,833,808↓2% | — |
| 2020 | $20,357,157↑16% | $20,406,463↑18% | $70,932,425↑4% | — |
| 2019 | $17,602,159↑3% | $17,354,409↑7% | $68,098,832↑37% | — |
| 2018 | $17,075,174↑4% | $16,230,847↑5% | $49,528,421↑5% | — |
| 2017 | $16,477,849↑6% | $15,526,030↑3% | $47,360,069↑2% | — |
| 2016 | $15,533,186↑4% | $15,027,885↑1% | $46,560,953↑1% | — |
| 2015 | $14,956,264↓4% | $14,858,517↓1% | $45,884,075↑1% | — |
| 2014 | $15,618,259↑7% | $14,957,764 | $45,491,200 | — |
| 2013 | $14,657,254 | $14,922,651↓3% | $45,376,822↑1% | — |
| 2012 | $14,615,193↑5% | $15,347,209↑8% | $44,883,009↓1% | — |
| 2011 | $13,892,569 | $14,181,026 | $45,384,750 | — |
Frequently Asked Questions
What does Salem Community Corp do?▼
Salem Community Corp is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Salem Community Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, Salem Community Corp has a score of 40/100 (Grade: C). 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 Salem Community Corp generate?▼
Salem Community Corp reports $26.6M in annual revenue and holds $73.9M in total assets, based on IRS filings.
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