S — Community Improvement & Capacity BuildingEIN: 043098024· Ruling Year: 1991

Veterans Inc

Worcester, Massachusetts

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.95×
Peer Median2.76×
💰
$23.5M
Total Revenue
📊
$21.1M
Total Expenses
🏦
$19.9M
Net Assets
📋
$7.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
26.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,466,512↑7%$21,066,173↑21%$27,011,039↑15%
2022$21,842,562↑19%$17,382,675↑9%$23,448,065↑29%
2021$18,421,251↑46%$16,015,492↑37%$18,232,415↑6%
2020$12,658,312↑9%$11,714,651↑6%$17,123,846↑13%
2019$11,563,533↓3%$11,090,471↓6%$15,191,485↑2%
2018$11,922,840↓5%$11,835,696↓6%$14,909,621
2017$12,581,334↓23%$12,549,074↓21%$14,859,741↑8%
2016$16,311,375↑28%$15,795,128↑44%$13,735,149↑13%
2015$12,698,395↑17%$10,976,195↑24%$12,185,896↑30%
2014$10,844,093↑37%$8,858,064↑19%$9,381,682↑24%
2013$7,905,772↑26%$7,420,121↑22%$7,584,531↑8%
2012$6,294,037↑31%$6,072,014↑30%$7,046,452↑7%
2011$4,793,459$4,685,136$6,562,173

Frequently Asked Questions

What does Veterans Inc do?▼

Veterans Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Veterans Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Veterans Inc has a score of 85/100 (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 Veterans Inc generate?▼

Veterans Inc reports $29.9M in annual revenue and holds $34.4M in total assets, based on IRS filings.

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