H โ€” Medical ResearchEIN: 261269358ยท Ruling Year: 2008

Healthcorps Inc

New York, New York

BHealth Score
60B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.8M
Total Expenses
๐Ÿฆ
$4.2M
Net Assets
๐Ÿ“‹
$185K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.51
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,635,850โ†“19%$2,769,847โ†“5%$4,367,628โ†“4%
2022$3,256,803โ†“33%$2,906,613โ†“25%$4,536,246โ†“3%
2021$4,849,417โ†“25%$3,884,254โ†“38%$4,691,358โ†‘31%
2020$6,499,894โ†‘67%$6,236,818โ†‘81%$3,586,634โ†‘3%
2019$3,895,877โ†‘10%$3,453,539โ†‘7%$3,474,996โ†‘34%
2018$3,555,004โ†“17%$3,215,720โ†“4%$2,599,787โ†‘3%
2017$4,273,026$3,336,435โ†“44%$2,529,634โ†‘53%
2016$4,292,600โ†“23%$5,999,089โ†“17%$1,658,270โ†“54%
2015$5,602,451โ†“28%$7,267,169โ†“2%$3,629,852โ†“25%
2014$7,813,055โ†‘4%$7,384,128โ†‘16%$4,820,731โ†‘13%
2013$7,514,951โ†‘17%$6,383,420โ†‘9%$4,260,273โ†“21%
2012$6,434,020โ†‘57%$5,837,552โ†‘41%$5,426,832โ†‘150%
2011$4,095,643$4,151,566$2,174,659

Frequently Asked Questions

What does Healthcorps Inc do?โ–ผ

Healthcorps Inc is a medical research nonprofit organization based in New York. It is classified under NTEE code H43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Healthcorps Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Healthcorps Inc has a score of 60/100 (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 Healthcorps Inc generate?โ–ผ

Healthcorps Inc reports $3.3M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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Healthcorps Inc โ€” New York, NY | GiveScope