EHealth CareEIN: 261365915· Ruling Year: 2008

Shared Services Home Health Care Corporation

Saline, Michigan

B-Health Score
48B-

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.14×
Peer Median29.34×
💰
$3.0M
Total Revenue
📊
$2.9M
Total Expenses
🏦
-$396K
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.3%
Year-over-year change (2022 → 2023)
Net Margin
+1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.14
Net assets divided by total expenses
Liabilities-to-Assets
139.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,959,00712%$2,922,04314%$1,003,52717%
2022$3,373,36039%$2,555,19219%$1,215,69214%
2021$2,430,1102%$2,146,11533%$1,063,28032%
2020$2,479,41316%$3,225,74412%$804,40032%
2019$2,943,53813%$3,668,5888%$1,188,17616%
2018$3,374,3844%$3,992,1368%$1,417,9244%
2017$3,504,8781%$3,705,3576%$1,365,232
2016$3,464,15933%$3,486,60026%$1,369,37111%
2015$2,596,09121%$2,763,19627%$1,230,54816%
2014$2,147,5714%$2,173,7788%$1,065,28823%
2013$2,227,27824%$2,015,55721%$863,1441%
2012$1,798,14111%$1,659,64317%$856,08826%
2011$1,622,707$1,419,404$677,835

Frequently Asked Questions

What does Shared Services Home Health Care Corporation do?

Shared Services Home Health Care Corporation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Shared Services Home Health Care Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Shared Services Home Health Care Corporation has a score of 48/100 (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 Shared Services Home Health Care Corporation generate?

Shared Services Home Health Care Corporation reports $2.4M in annual revenue and holds $974K in total assets, based on IRS filings.

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Shared Services Home Health Care Corporation — Saline, MI | GiveScope