PHuman ServicesEIN: 010211512· Ruling Year: 1942

Home For The Aged

Portland, Maine

B-Health Score
47B-

Financial Health Score

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

Average

💰
$8.4M
Total Revenue
📊
$9.1M
Total Expenses
🏦
$5.0M
Net Assets
📋
$28.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.5%
Year-over-year change (2022 → 2023)
Net Margin
-8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
84.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,364,69813%$9,082,3916%$33,166,1393%
2022$7,432,1342%$8,586,9342%$34,196,0656%
2021$7,577,0348%$8,389,5391%$36,502,6744%
2020$7,023,3815%$8,330,8752%$38,157,5973%
2019$7,370,8486%$8,151,778$39,169,0224%
2018$7,827,58033%$8,113,30522%$40,599,8042%
2017$5,866,3685%$6,630,53725%$41,313,92738%
2016$6,162,4973%$5,296,1922%$29,975,24626%
2015$6,353,92438%$5,398,00848%$23,769,8614%
2014$4,594,83712%$3,646,0863%$22,872,06639%
2013$4,102,15114%$3,758,1679%$16,434,8313%
2012$3,611,1642%$3,453,06911%$15,951,54013%
2011$3,554,388$3,098,948$14,090,604

Frequently Asked Questions

What does Home For The Aged do?

Home For The Aged is a human services nonprofit organization based in Maine. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Home For The Aged financially healthy?

Based on our 9-metric Financial Health Score model, Home For The Aged has a score of 47/100 (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 Home For The Aged generate?

Home For The Aged reports $8.8M in annual revenue and holds $32.8M in total assets, based on IRS filings.

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