L โ€” Housing & ShelterEIN: 562071035ยท Ruling Year: 1998

Partnership Homes Inc

Greensboro, North Carolina

CHealth Score
38C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$1.2M
Total Expenses
๐Ÿฆ
$351K
Net Assets
๐Ÿ“‹
$9.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+78.8%
Year-over-year change (2021 โ†’ 2022)
Net Margin
-15.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
96.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$1,056,016โ†‘79%$1,223,544โ†‘69%$9,954,888โ†‘2%
2021$590,620โ†‘22%$723,961โ†‘14%$9,787,854โ†‘146%
2020$483,027โ†‘1%$633,709โ†‘3%$3,977,351โ†“1%
2019$478,288โ†‘5%$615,056โ†‘7%$4,025,284โ†“3%
2018$453,603โ†“26%$574,561โ†“4%$4,168,087โ†“3%
2017$613,239โ†‘67%$599,934โ†‘37%$4,284,845โ†‘1%
2016$368,014โ†‘39%$438,437โ†‘13%$4,247,702โ†“4%
2015$264,171โ†‘132%$386,533โ†‘101%$4,447,367โ†‘82%
2014$114,038โ†“8%$191,940โ†‘30%$2,443,605โ†“3%
2013$123,717โ†‘708%$147,374โ†‘14043%$2,518,891โ†‘8%
2012-$20,358โ†“100%$1,042โ†“17%$2,338,710โ†‘1%
2011-$10,162$1,250$2,322,506

Frequently Asked Questions

What does Partnership Homes Inc do?โ–ผ

Partnership Homes Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Partnership Homes Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Partnership Homes Inc has a score of 38/100 (Grade: C). 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 Partnership Homes Inc generate?โ–ผ

Partnership Homes Inc reports $921K in annual revenue and holds $9.8M in total assets, based on IRS filings.

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Partnership Homes Inc โ€” Greensboro, NC | GiveScope