EHealth CareEIN: 061488219· Ruling Year: 1998

Garnet Health

Middletown, New York

B-Health Score
49B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median8.62×
💰
$3.8M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$2.5M
Net Assets
📋
$7.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.4%
Year-over-year change (2022 → 2023)
Net Margin
-6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
75.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,815,6751%$4,053,0068%$10,222,09614%
2022$3,869,54716%$4,390,39830%$8,954,39429%
2021$3,323,79219%$3,385,2323%$12,609,0468%
2020$4,095,0664%$3,478,3926%$11,714,20455%
2019$3,927,5495%$3,686,67012%$7,543,21921%
2018$4,121,606$3,303,48710%$6,248,58113%
2017$4,126,28651%$3,654,72453%$5,520,686
2016$8,343,0509%$7,728,0644%$5,502,16057%
2015$7,651,756$7,404,119$12,702,80223%
2014$7,656,7233%$7,417,0262%$16,452,91917%
2013$7,859,7849%$7,545,1625%$19,892,00719%
2012$7,196,81937%$7,192,73537%$24,667,5957%
2011$5,240,493$5,240,493$23,073,924

Frequently Asked Questions

What does Garnet Health do?

Garnet Health is a health care nonprofit organization based in New York. It is classified under NTEE code E80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Garnet Health financially healthy?

Based on our 9-metric Financial Health Score model, Garnet Health has a score of 49/100 (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 Garnet Health generate?

Garnet Health reports $11.3M in annual revenue and holds $11.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in New York.