SCommunity Improvement & Capacity BuildingEIN: 273644705· Ruling Year: 2011

Wear Gloves Inc

Ocala, Florida

B+Health Score
73B+

Financial Health Score

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

Good

💰
$1.2M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$313K
Net Assets
📋
$157K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+58.6%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
33.4%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$1,161,68359%$1,122,84440%$469,4375%
2022$732,40018%$804,82039%$447,610350%
2021$622,0793%$579,6733%$99,56430%
2020$604,12983%$562,71569%$76,703168%
2019$329,50485%$333,60983%$28,64337%
2018$177,84030%$182,02746%$45,1766%
2017$137,21233%$124,92635%$47,99539%
2016$102,96036%$92,81170%$34,42942%
2015$75,853$54,573$24,280

Frequently Asked Questions

What does Wear Gloves Inc do?

Wear Gloves Inc is a community improvement & capacity building nonprofit organization based in Florida. It is classified under NTEE code S02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wear Gloves Inc financially healthy?

Based on our 9-metric Financial Health Score model, Wear Gloves Inc has a score of 73/100 (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 Wear Gloves Inc generate?

Wear Gloves Inc reports $2.5M in annual revenue and holds $1.3M in total assets, based on IRS filings.

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