P โ€” Human ServicesEIN: 463136785ยท Ruling Year: 2014

Homeworthy

Rockland, Maine

AHealth Score
87A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$5.7M
Total Revenue
๐Ÿ“Š
$5.0M
Total Expenses
๐Ÿฆ
$3.0M
Net Assets
๐Ÿ“‹
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+12.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
27.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,687,033โ†‘28%$4,955,018โ†‘26%$4,173,713โ†‘21%
2022$4,445,357โ†‘15%$3,944,154โ†‘15%$3,462,728โ†‘25%
2021$3,860,914โ†‘2%$3,443,552โ†‘19%$2,775,608โ†‘38%
2020$3,796,463โ†‘73%$2,891,622โ†‘24%$2,012,402โ†‘95%
2019$2,190,019โ†‘8%$2,333,043โ†‘14%$1,029,492โ†“9%
2018$2,034,233โ†‘120%$2,053,941โ†‘416%$1,129,794โ†‘8%
2017$925,123โ†“38%$397,722โ†“74%$1,047,501โ†‘88%
2017$1,491,705โ†‘28%$1,536,313โ†‘3%$558,505โ†‘5%
2016$1,163,368โ†“28%$1,495,633โ†‘25%$530,834โ†“10%
2015$1,624,025โ†‘313%$1,196,596โ†‘210%$590,541โ†‘802%
2014$393,696โ†‘348%$385,699โ†‘889%$65,463โ†‘34%
2013$87,922$38,987$48,935

Frequently Asked Questions

What does Homeworthy do?โ–ผ

Homeworthy is a human services nonprofit organization based in Maine. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homeworthy financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Homeworthy has a score of 87/100 (Grade: A). 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 Homeworthy generate?โ–ผ

Homeworthy reports $5.3M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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Homeworthy โ€” Rockland, ME | GiveScope