P — Human ServicesEIN: 521162749· Ruling Year: 1980

Way Station Inc

Frederick, Maryland

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.78×
Peer Median7.39×
💰
$43.6M
Total Revenue
📊
$42.9M
Total Expenses
🏦
$33.4M
Net Assets
📋
$21.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.3%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
39.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$43,634,012↑10%$42,878,386↑12%$55,064,686↑16%
2022$39,543,218↑3%$38,155,998↑2%$47,364,726↓3%
2021$38,298,060↑5%$37,579,412↑5%$48,827,954↑10%
2020$36,345,321↑2%$35,758,301↑5%$44,426,482↑3%
2019$35,580,021↓2%$34,014,834↓3%$43,245,429↑3%
2018$36,371,360↓1%$35,145,620↑2%$41,983,297↑3%
2017$36,621,061↑7%$34,488,709↑5%$40,762,227↑1%
2016$34,280,543↑4%$32,743,401↑11%$40,379,992↑5%
2015$32,834,029↑16%$29,589,147↑12%$38,594,332↑12%
2014$28,327,627↓2%$26,354,969↑4%$34,357,096↑6%
2013$29,045,729↑12%$25,416,026↑4%$32,530,398↑57%
2012$26,039,899↑4%$24,412,521↑2%$20,655,442↑10%
2011$25,159,125$23,851,400$18,772,575

Frequently Asked Questions

What does Way Station Inc do?▼

Way Station Inc is a human services nonprofit organization based in Maryland. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Way Station Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Way Station Inc has a score of 75/100 (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 Way Station Inc generate?▼

Way Station Inc reports $55.1M in annual revenue and holds $51.1M in total assets, based on IRS filings.

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