Horsepower Inc
High Point, North Carolina
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$641K
Total Revenue
📊
$607K
Total Expenses
🏦
$397K
Net Assets
📋
$230K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+37.7%
Year-over-year change (2022 → 2023)
Net Margin
+5.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
36.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $641,020↑38% | $607,405↑32% | $626,953↑1% | |
| 2022 | $465,473↓7% | $459,908↑27% | $622,404↑73% | — |
| 2021 | $500,022↑37% | $361,736↑17% | $359,393↑63% | — |
| 2020 | $365,268↓1% | $308,014↓9% | $220,850↑36% | — |
| 2019 | $369,222↑8% | $337,130↓1% | $162,117↓24% | — |
| 2018 | $343,387↑13% | $339,172↑10% | $214,591↑3% | — |
| 2017 | $304,102↓10% | $307,279 | $208,944↑1% | — |
| 2016 | $338,317↓19% | $306,864↓32% | $206,267↑18% | — |
| 2015 | $415,555↑15% | $451,484↑20% | $174,848↓12% | — |
| 2014 | $361,867↑31% | $374,914↑1% | $198,322↓12% | — |
| 2013 | $275,863↓5% | $369,557↑29% | $224,327↓24% | — |
| 2012 | $289,928↓17% | $285,752↓7% | $294,597↑1% | — |
| 2011 | $347,776 | $306,292 | $290,421 | — |
Frequently Asked Questions
What does Horsepower Inc do?▼
Horsepower Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Horsepower Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Horsepower Inc.
How much revenue does Horsepower Inc generate?▼
Horsepower Inc reports $777K in annual revenue and holds $662K in total assets, based on IRS filings.
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