P โ€” Human ServicesEIN: 943048383ยท Ruling Year: 1993

Palcare

Burlingame, California

BHealth Score
57B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$4.0M
Total Revenue
๐Ÿ“Š
$4.2M
Total Expenses
๐Ÿฆ
$2.4M
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
47.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,016,540โ†‘8%$4,209,984โ†‘7%$4,494,033โ†‘44%
2022$3,731,289โ†“11%$3,933,891โ†‘10%$3,124,177โ†“10%
2021$4,196,178โ†‘17%$3,589,293โ†“6%$3,480,032โ†“3%
2020$3,586,882โ†“6%$3,799,553โ†“2%$3,588,130โ†‘40%
2019$3,810,107โ†‘8%$3,888,056โ†‘3%$2,562,306โ†“2%
2018$3,526,539โ†“1%$3,778,978โ†‘4%$2,614,980โ†“7%
2017$3,563,983โ†‘6%$3,618,022โ†‘7%$2,821,876โ†“2%
2016$3,349,303โ†‘5%$3,384,031โ†‘6%$2,874,245
2015$3,197,718โ†‘4%$3,193,940โ†‘3%$2,884,215โ†“1%
2014$3,076,618โ†‘2%$3,096,443โ†‘2%$2,924,151โ†“1%
2013$3,021,119โ†‘1%$3,026,509โ†‘2%$2,950,462โ†‘1%
2012$2,977,997โ†“14%$2,973,654โ†‘6%$2,909,864โ†“7%
2011$3,481,523$2,792,314$3,137,556

Frequently Asked Questions

What does Palcare do?โ–ผ

Palcare is a human services nonprofit organization based in California. It is classified under NTEE code P330 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palcare financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Palcare has a score of 57/100 (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 Palcare generate?โ–ผ

Palcare reports $6.5M in annual revenue and holds $5.5M in total assets, based on IRS filings.

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Palcare โ€” Burlingame, CA | GiveScope