Salem Foundation
Boston, Massachusetts
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 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,462,718↑13% | $2,348,604↓58% | $50,882,159↑21% | — |
| 2022 | $14,579,859↓60% | $5,585,941 | $42,187,077↑16% | — |
| 2021 | $36,691,105↑119% | $5,573,671↓18% | $36,287,179↑136% | — |
| 2020 | $16,745,838↑87% | $6,834,640 | $15,391,106↑42% | — |
| 2019 | $8,961,635↑33% | $6,819,098↑230% | $10,801,236↓7% | — |
| 2015 | $6,744,882↑66% | $2,066,743↓28% | $11,591,638↑3% | — |
| 2014 | $4,071,871↓35% | $2,877,217↑457% | $11,285,848↑12% | — |
| 2013 | $6,280,153↑97% | $516,311↓63% | $10,091,194↑133% | — |
| 2012 | $3,190,791↑2587% | $1,399,177↑22% | $4,327,352↑71% | — |
| 2011 | $118,769 | $1,147,269 | $2,535,821 | — |
Frequently Asked Questions
What does Salem Foundation do?▼
Salem Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Massachusetts. It is classified under NTEE code T21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Salem Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Salem Foundation has a score of 63/100 (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 Salem Foundation generate?▼
Revenue data for Salem Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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