P โ€” Human ServicesEIN: 920077789ยท Ruling Year: 1981

Homer Senior Citizens Incorporated

Homer, Alaska

B-Health Score
49B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$3.3M
Total Revenue
๐Ÿ“Š
$3.6M
Total Expenses
๐Ÿฆ
$1.6M
Net Assets
๐Ÿ“‹
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-9.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
70.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,274,798โ†‘4%$3,596,461โ†‘4%$5,358,354โ†‘2%
2022$3,152,596โ†“14%$3,442,003$5,258,287โ†“8%
2021$3,686,285โ†‘3%$3,449,830โ†“2%$5,709,735โ†‘1%
2020$3,583,360โ†‘12%$3,529,846โ†‘4%$5,634,338โ†“1%
2019$3,202,798โ†“3%$3,390,044$5,691,670โ†“4%
2018$3,285,127โ†‘3%$3,406,734โ†“5%$5,937,714โ†“3%
2017$3,175,898โ†“9%$3,569,364โ†“7%$6,096,836โ†“7%
2016$3,507,937โ†‘2%$3,818,792โ†‘11%$6,532,612โ†“4%
2015$3,440,670โ†‘17%$3,444,267โ†‘8%$6,811,438โ†“3%
2014$2,952,491โ†‘8%$3,180,962โ†‘7%$6,986,223โ†“4%
2013$2,743,323โ†‘10%$2,962,364โ†‘12%$7,314,832โ†“4%
2012$2,492,173โ†“20%$2,644,257โ†‘3%$7,609,014โ†“3%
2011$3,100,256$2,566,294$7,805,865

Frequently Asked Questions

What does Homer Senior Citizens Incorporated do?โ–ผ

Homer Senior Citizens Incorporated is a human services nonprofit organization based in Alaska. It is classified under NTEE code P700 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homer Senior Citizens Incorporated financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Homer Senior Citizens Incorporated has a score of 49/100 (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 Homer Senior Citizens Incorporated generate?โ–ผ

Homer Senior Citizens Incorporated reports $3.6M in annual revenue and holds $6.2M in total assets, based on IRS filings.

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Homer Senior Citizens Incorporated โ€” Homer, AK | GiveScope