LHousing & ShelterEIN: 043152499· Ruling Year: 1994

Springhouse Inc

Boston, Massachusetts

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.87×
Peer Median12.01×
💰
$8.8M
Total Revenue
📊
$8.6M
Total Expenses
🏦
$16.1M
Net Assets
📋
$21.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.6%
Year-over-year change (2022 → 2023)
Net Margin
+2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.87
Net assets divided by total expenses
Liabilities-to-Assets
57.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$8,807,63818%$8,609,5629%$37,837,4696%
2022$10,693,23013%$7,898,4236%$35,790,6825%
2021$9,492,14618%$7,470,8781%$37,736,9326%
2020$8,015,5229%$7,574,1978%$35,511,8583%
2019$8,761,7853%$7,017,4901%$34,591,04510%
2018$8,545,4621%$6,967,3702%$31,386,1542%
2017$8,456,0268%$6,849,7394%$30,897,5117%
2016$7,819,927$6,588,2333%$28,745,6856%
2015$7,815,47993%$6,410,694102%$27,023,0483%
2014$4,044,66953%$3,178,97250%$26,219,5983%
2014$8,522,23919%$6,362,536$25,545,4536%
2013$7,178,05811%$6,332,807$24,035,3574%
2012$6,488,5261%$6,313,1552%$23,095,4052%
2010$6,562,717$6,206,753$23,653,214

Frequently Asked Questions

What does Springhouse Inc do?

Springhouse Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Springhouse Inc financially healthy?

Based on our 9-metric Financial Health Score model, Springhouse Inc has a score of 62/100 (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 Springhouse Inc generate?

Springhouse Inc reports $15.0M in annual revenue and holds $35.3M in total assets, based on IRS filings.

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Springhouse Inc — Boston, MA | GiveScope