EHealth CareEIN: 050262584

Scandinavian Home INC

Cranston, Rhode Island

BHealth Score
57B

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 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.69×
Peer Median29.34×
💰
$9.5M
Total Revenue
📊
$11.0M
Total Expenses
🏦
$7.6M
Net Assets
📋
$4.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.7%
Year-over-year change (2022 → 2023)
Net Margin
-15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.69
Net assets divided by total expenses
Liabilities-to-Assets
34.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,509,2161%$11,012,3362%$11,606,5627%
2022$9,574,00816%$10,745,2785%$12,534,19822%
2021$11,446,39524%$10,231,9671%$16,033,5691%
2020$9,195,22313%$10,325,150$16,252,0306%
2019$10,509,8619%$10,366,1281%$15,395,2472%
2018$9,682,5242%$10,476,1975%$15,076,1316%
2017$9,873,428$9,976,7712%$16,111,8897%
2016$9,872,4382%$9,788,4743%$14,995,7482%
2015$9,667,23512%$9,458,7518%$15,265,4414%
2014$8,661,67711%$8,787,3963%$15,828,66115%
2013$9,772,28314%$9,028,3538%$13,738,06214%
2012$11,329,60017%$9,805,3583%$12,054,9327%
2011$9,708,454$9,549,509$11,283,613

Frequently Asked Questions

What does Scandinavian Home INC do?

Scandinavian Home INC is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E91Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Scandinavian Home INC financially healthy?

Based on our 9-metric Financial Health Score model, Scandinavian Home INC has a score of 57/100 (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 Scandinavian Home INC generate?

Scandinavian Home INC reports $6.4M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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