Backbone Housing Inc
Timonium, Maryland
CHealth Score
41C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$319K
Total Revenue
📊
$323K
Total Expenses
🏦
-$673K
Net Assets
📋
$1.2M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+9.6%
Year-over-year change (2022 → 2023)
Net Margin
-1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.08
Net assets divided by total expenses
Liabilities-to-Assets
235.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $318,778↑10% | $323,040↑5% | $496,805↑1% | |
| 2022 | $290,981 | $307,698↑5% | $491,706↓2% | — |
| 2021 | $289,885↑1% | $293,460↑1% | $502,529↓3% | — |
| 2020 | $287,186↑6% | $291,339↑4% | $516,109↑18% | — |
| 2019 | $269,837↑2% | $281,104↓4% | $435,947↓3% | — |
| 2018 | $265,152↓4% | $293,395↓1% | $451,240↓1% | — |
| 2017 | $274,770↑4% | $295,396↑1% | $458,013↓11% | — |
| 2016 | $263,826↓1% | $291,535↑4% | $513,388↓1% | — |
| 2015 | $267,467↑1% | $279,060↑3% | $517,984↓3% | — |
| 2014 | $263,776↑7% | $271,044 | $535,232↓1% | — |
| 2013 | $247,000↓4% | $269,896↑5% | $540,137↓4% | — |
| 2012 | $256,839↑7% | $256,182 | $561,706↓1% | — |
| 2011 | $239,915 | $256,705 | $566,131 | — |
Frequently Asked Questions
What does Backbone Housing Inc do?▼
Backbone Housing Inc is a housing & shelter nonprofit organization based in Maryland. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Backbone Housing Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Backbone Housing Inc.
How much revenue does Backbone Housing Inc generate?▼
Backbone Housing Inc reports $313K in annual revenue and holds $483K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Maryland.