E — Health CareEIN: 050258880

Steere House

Providence, Rhode Island

AHealth Score
88A

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.27×
Peer Median8.62×
💰
$17.8M
Total Revenue
📊
$15.8M
Total Expenses
🏦
$20.1M
Net Assets
📋
$7.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+58.0%
Year-over-year change (2022 → 2023)
Net Margin
+11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.27
Net assets divided by total expenses
Liabilities-to-Assets
26.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,813,342↑58%$15,792,484↑10%$27,298,721↓4%
2022$11,276,734↓19%$14,295,437↑12%$28,365,776↑10%
2021$13,861,029↑3%$12,736,586↓5%$25,892,307↑6%
2020$13,467,187↓9%$13,356,917↑1%$24,491,092↓1%
2019$14,725,394↑7%$13,232,755$24,629,414↑8%
2018$13,788,410↑4%$13,224,148↑1%$22,856,268↓7%
2017$13,214,194↑7%$13,057,551↑4%$24,665,662↑7%
2016$12,367,183↓2%$12,528,593↑2%$23,102,487↓1%
2015$12,578,007↓4%$12,226,411↑2%$23,228,031↓1%
2014$13,052,721↑8%$12,038,403↑1%$23,346,674↑2%
2013$12,128,673↑5%$11,909,768↑2%$22,970,578↑6%
2012$11,537,672↓5%$11,716,277↓5%$21,608,313↑3%
2011$12,110,957$12,369,454$20,960,628

Frequently Asked Questions

What does Steere House do?▼

Steere House is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E910 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Steere House financially healthy?▼

Based on our 9-metric Financial Health Score model, Steere House has a score of 88/100 (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 Steere House generate?▼

Steere House reports $17.3M in annual revenue and holds $27.6M in total assets, based on IRS filings.

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