Friends Homes INC
Greensboro, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $41,313,832↓3% | $42,829,838↑16% | $204,449,008↑7% | |
| 2022 | $42,576,118↑18% | $36,918,828↑8% | $191,608,853↓2% | — |
| 2021 | $36,183,617↑5% | $34,087,382↑5% | $195,306,442↑52% | — |
| 2020 | $34,609,316↑8% | $32,607,811↑10% | $128,114,482↑37% | — |
| 2019 | $32,172,223↑2% | $29,653,628↑5% | $93,443,811 | — |
| 2018 | $31,573,025↑10% | $28,128,494↑3% | $93,008,660↑5% | — |
| 2017 | $28,593,851↓3% | $27,391,592↑2% | $88,390,724↑6% | — |
| 2016 | $29,429,486↑11% | $26,896,170↑5% | $83,780,545↑3% | — |
| 2015 | $26,595,628 | $25,505,681↑2% | $81,323,432↓4% | — |
| 2014 | $26,670,352↑9% | $24,924,768↑2% | $84,564,774↑4% | — |
| 2013 | $24,491,389↓1% | $24,350,387↓4% | $81,478,749↑3% | — |
| 2012 | $24,629,600 | $25,234,706 | $78,737,849 | — |
Frequently Asked Questions
What does Friends Homes INC do?▼
Friends Homes INC is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Homes INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Friends Homes INC has a score of 66/100 (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 Friends Homes INC generate?▼
Friends Homes INC reports $50.1M in annual revenue and holds $212.5M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in North Carolina.