Methodist Retirement Communities
The Woodlands, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,183,819↓28% | $5,427,023↑9% | $18,079,395↑8% | — |
| 2022 | $8,582,800↑109% | $4,976,440↑11% | $16,751,294↑96% | — |
| 2021 | $4,102,509↑4% | $4,497,447↑6% | $8,531,730↓4% | — |
| 2020 | $3,954,326↑2% | $4,240,484↓1% | $8,901,455↑6% | — |
| 2019 | $3,874,400↑9% | $4,270,537↑23% | $8,426,004↓33% | — |
| 2018 | $3,549,231↓15% | $3,482,053↑15% | $12,508,984↓6% | — |
| 2017 | $4,178,400↑18% | $3,023,358↑13% | $13,266,211↑4% | — |
| 2016 | $3,527,591↑28% | $2,680,146↑16% | $12,718,534↑6% | — |
| 2015 | $2,756,888↓21% | $2,310,866↓3% | $12,054,198↑26% | — |
| 2014 | $3,487,356↑53% | $2,371,520↑5% | $9,602,302↑24% | — |
| 2013 | $2,285,946↑12% | $2,254,818↑18% | $7,724,555↓15% | — |
| 2012 | $2,032,521↓5% | $1,906,820↑19% | $9,078,520↓37% | — |
| 2011 | $2,135,452 | $1,601,447 | $14,300,109 | — |
Frequently Asked Questions
What does Methodist Retirement Communities do?▼
Methodist Retirement Communities is a housing & shelter nonprofit organization based in Texas. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Methodist Retirement Communities financially healthy?▼
Based on our 9-metric Financial Health Score model, Methodist Retirement Communities has a score of 70/100 (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 Methodist Retirement Communities generate?▼
Methodist Retirement Communities reports $5.6M in annual revenue and holds $12.6M in total assets, based on IRS filings.
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