E — Health CareEIN: 061493839· Ruling Year: 1998

Carelink Inc

E Providence, Rhode Island

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.29×
Peer Median29.34×
💰
$8.3M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$2.6M
Net Assets
📋
$654K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.9%
Year-over-year change (2022 → 2023)
Net Margin
-7.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
20.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,300,449↑8%$8,898,716↑23%$3,215,010↓11%
2022$7,694,512↓7%$7,257,736↑22%$3,620,525↓21%
2021$8,233,978↑31%$5,960,459↓12%$4,580,231↑110%
2020$6,295,822↓22%$6,792,506↓15%$2,180,730↑22%
2019$8,105,109$7,967,462↓1%$1,788,780↓1%
2018$8,104,736↓2%$8,061,895↓6%$1,806,734↑7%
2017$8,296,673↑6%$8,592,713↑10%$1,692,888↓11%
2016$7,803,429↓3%$7,793,472$1,908,107↑5%
2015$8,024,528↑17%$7,803,822↑18%$1,811,462↑13%
2014$6,885,537↑42%$6,637,699↑41%$1,607,090↑25%
2013$4,850,275↑16%$4,695,373↑9%$1,281,266↑31%
2012$4,170,957↑15%$4,307,158↑15%$976,648↓3%
2011$3,620,473$3,742,302$1,004,716

Frequently Asked Questions

What does Carelink Inc do?▼

Carelink Inc is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E60Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carelink Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Carelink Inc has a score of 66/100 (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 Carelink Inc generate?▼

Carelink Inc reports $8.1M in annual revenue and holds $2.7M in total assets, based on IRS filings.

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