Place Of Promise Inc
Lowell, Massachusetts
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$495K
Total Revenue
📊
$386K
Total Expenses
🏦
$1.6M
Net Assets
📋
$14K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-22.9%
Year-over-year change (2022 → 2023)
Net Margin
+22.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.13
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $494,800↓23% | $386,007↑9% | $1,606,411↑7% | |
| 2022 | $641,542↓15% | $354,829↑4% | $1,499,593↑20% | — |
| 2021 | $754,791↑63% | $340,711↓4% | $1,252,318↑38% | — |
| 2020 | $462,368↓8% | $353,576↓1% | $909,906↓3% | — |
| 2019 | $501,954↑39% | $357,935↓14% | $941,927↑19% | — |
| 2018 | $360,766↑7% | $415,140↓5% | $789,223↓7% | — |
| 2017 | $336,551↓22% | $439,132↑12% | $845,801↓10% | — |
| 2016 | $431,805↑14% | $393,191↑10% | $943,784↓2% | — |
| 2015 | $377,688↑8% | $355,880↑11% | $959,820 | — |
| 2014 | $348,881↓12% | $319,267↑1% | $955,186↑5% | — |
| 2013 | $396,938↑59% | $316,204↑12% | $913,393↑7% | — |
| 2012 | $250,250↑11% | $281,425↑9% | $850,485↓5% | — |
| 2011 | $225,683 | $257,348 | $897,407 | — |
Frequently Asked Questions
What does Place Of Promise Inc do?▼
Place Of Promise Inc is a religion-related nonprofit organization based in Massachusetts. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Place Of Promise Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Place Of Promise Inc.
How much revenue does Place Of Promise Inc generate?▼
Place Of Promise Inc reports $710K in annual revenue and holds $2.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Religion-Related category, or browse all nonprofits in Massachusetts.