Grace Lifecare Inc
Morganton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
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
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,354,058↑108% | $12,166,314↑102% | $23,588,261↓1% | — |
| 2022 | $4,983,135↓54% | $6,016,644↓44% | $23,871,390↓6% | — |
| 2021 | $10,776,607↑9% | $10,794,934↑10% | $25,476,311↑4% | — |
| 2020 | $9,847,812↓5% | $9,838,671↓5% | $24,380,580↑5% | — |
| 2019 | $10,405,781↑6% | $10,337,772↑8% | $23,328,168↑3% | — |
| 2018 | $9,795,974↑6% | $9,567,086↑3% | $22,574,927↓3% | — |
| 2017 | $9,243,495↓4% | $9,274,821↑5% | $23,224,074↑1% | — |
| 2016 | $9,620,866↑7% | $8,861,339↑1% | $23,014,333↓3% | — |
| 2015 | $8,996,348↑10% | $8,816,424↓1% | $23,662,908↑4% | — |
| 2014 | $8,175,749↑1% | $8,879,293↑4% | $22,836,456↑8% | — |
| 2013 | $8,076,664↑4% | $8,575,169↑9% | $21,047,895↑2% | — |
| 2012 | $7,801,682↓2% | $7,853,656↑1% | $20,553,803 | — |
| 2011 | $7,994,319 | $7,750,292 | $20,636,112 | — |
Frequently Asked Questions
What does Grace Lifecare Inc do?▼
Grace Lifecare 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 Grace Lifecare Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Grace Lifecare Inc has a score of 30/100 (Grade: D). 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 Grace Lifecare Inc generate?▼
Grace Lifecare Inc reports $12.1M in annual revenue and holds $24.1M in total assets, based on IRS filings.
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