B — EducationEIN: 581805305

Health Scholarships INC

Gray, Georgia

DHealth Score
33D

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 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.13×
Peer Median1.96×
💰
$208.5M
Total Revenue
📊
$230.3M
Total Expenses
🏦
$29.2M
Net Assets
📋
$46.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.9%
Year-over-year change (2022 → 2023)
Net Margin
-10.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
61.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$208,458,303↓12%$230,268,554↓4%$75,774,127↑108%
2022$236,618,214↑3%$240,898,928↑3%$36,353,533↓40%
2021$230,146,898↓9%$233,944,984↓6%$60,823,057↑7%
2020$252,984,379↑1%$247,890,435↓2%$56,857,114↓12%
2019$251,010,001↑1%$253,071,152↑1%$64,711,290↑2%
2018$248,483,987↑3%$250,205,021↑6%$63,605,680↑10%
2017$241,324,209↑7%$236,910,370↑6%$57,893,754↑28%
2016$225,884,994↑14%$223,750,770↑5%$45,334,945↓6%
2015$198,822,104↑5%$213,068,958↑22%$48,149,971↓32%
2014$189,170,305↑7%$174,133,945↑8%$70,314,709↑40%
2013$177,452,788↑13%$160,712,704↑17%$50,389,182↑24%
2012$157,402,420↑15%$137,545,718↑6%$40,551,472↓13%
2011$136,977,627$129,403,638$46,713,603

Frequently Asked Questions

What does Health Scholarships INC do?▼

Health Scholarships INC is a education nonprofit organization based in Georgia. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health Scholarships INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Health Scholarships INC has a score of 33/100 (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 Health Scholarships INC generate?▼

Health Scholarships INC reports $328.4M in annual revenue and holds $77.6M in total assets, based on IRS filings.

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