Somerville Homeless Coalition Incorporated
Somerville, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,160,568↑20% | $6,452,399↑25% | $5,332,030↑56% | |
| 2022 | $5,985,645↑1% | $5,155,803↑5% | $3,411,491↑28% | — |
| 2021 | $5,904,274↑25% | $4,920,360↑28% | $2,665,813↑59% | — |
| 2020 | $4,741,139↑38% | $3,830,272↑6% | $1,671,847↑158% | — |
| 2019 | $3,438,533↑8% | $3,618,746↑13% | $647,723↓29% | — |
| 2018 | $3,182,276 | $3,209,803↑6% | $906,883↓15% | — |
| 2017 | $3,177,630↑1% | $3,030,730↓8% | $1,061,795↑2% | — |
| 2016 | $3,139,795↓1% | $3,290,286 | $1,039,963↑12% | — |
| 2015 | $3,165,093↑1% | $3,285,844↑9% | $928,551↑13% | — |
| 2014 | $3,144,026↑4% | $3,025,992 | $820,136↑4% | — |
| 2013 | $3,026,797↑2% | $3,032,024↑4% | $788,489↑3% | — |
| 2012 | $2,964,686↓17% | $2,915,426↓6% | $765,655↓7% | — |
| 2011 | $3,572,206 | $3,088,760 | $825,487 | — |
Frequently Asked Questions
What does Somerville Homeless Coalition Incorporated do?▼
Somerville Homeless Coalition Incorporated is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P850 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerville Homeless Coalition Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Somerville Homeless Coalition Incorporated has a score of 79/100 (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 Somerville Homeless Coalition Incorporated generate?▼
Somerville Homeless Coalition Incorporated reports $8.4M in annual revenue and holds $6.4M in total assets, based on IRS filings.
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