EHealth CareEIN: 050355097

Thundermist Health Center

Warwick, Rhode Island

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median0.50×
💰
$121.4M
Total Revenue
📊
$118.4M
Total Expenses
🏦
$40.2M
Net Assets
📋
$25.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.9%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
39.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$121,447,76318%$118,449,92318%$65,914,8169%
2022$103,038,77313%$100,139,46414%$60,584,9119%
2021$90,981,58213%$88,114,98914%$55,440,9607%
2020$80,178,62819%$77,301,87117%$51,867,08915%
2019$67,484,42422%$66,074,74721%$45,285,33912%
2018$55,212,52516%$54,619,70618%$40,260,58311%
2017$47,568,03017%$46,246,74517%$36,141,7708%
2016$40,737,9271%$39,454,77810%$33,612,9698%
2015$40,178,0943%$35,893,1214%$31,216,25219%
2014$39,077,34029%$34,443,92520%$26,209,43330%
2013$30,362,62315%$28,632,14211%$20,114,7665%
2012$26,351,3458%$25,904,21817%$19,205,0173%
2011$24,441,316$22,202,719$18,564,180

Frequently Asked Questions

What does Thundermist Health Center do?

Thundermist Health Center is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thundermist Health Center financially healthy?

Based on our 9-metric Financial Health Score model, Thundermist Health Center has a score of 76/100 (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 Thundermist Health Center generate?

Thundermist Health Center reports $112.2M in annual revenue and holds $53.0M in total assets, based on IRS filings.

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