PHuman ServicesEIN: 541085032· Ruling Year: 1979

Bay Aging

Urbanna, Virginia

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.50×
Peer Median7.39×
💰
$43.6M
Total Revenue
📊
$41.7M
Total Expenses
🏦
$20.9M
Net Assets
📋
$10.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
34.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$43,584,60525%$41,719,71824%$31,711,71915%
2022$34,968,15423%$33,579,99525%$27,589,37112%
2021$28,384,64436%$26,848,67329%$24,671,2847%
2020$20,939,15119%$20,861,84717%$23,060,38624%
2019$17,612,3708%$17,780,8016%$18,530,1741%
2018$16,335,4757%$16,781,9578%$18,363,2513%
2017$15,230,4643%$15,583,8159%$18,882,9551%
2016$14,826,4093%$14,304,0959%$18,720,0261%
2015$15,255,0828%$13,156,46730%$18,443,58312%
2014$14,139,65426%$10,101,379$16,453,19826%
2013$11,215,0856%$10,150,4658%$13,047,97217%
2012$11,969,3485%$11,033,5574%$11,155,0286%
2011$11,433,617$10,598,426$10,538,447

Frequently Asked Questions

What does Bay Aging do?

Bay Aging is a human services nonprofit organization based in Virginia. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bay Aging financially healthy?

Based on our 9-metric Financial Health Score model, Bay Aging has a score of 86/100 (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 Bay Aging generate?

Bay Aging reports $61.6M in annual revenue and holds $38.0M in total assets, based on IRS filings.

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