EHealth CareEIN: 016023664

Healthreach Community Health Centers

Waterville, Maine

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.97×
Peer Median8.62×
💰
$37.8M
Total Revenue
📊
$33.4M
Total Expenses
🏦
$32.4M
Net Assets
📋
$8.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.2%
Year-over-year change (2022 → 2023)
Net Margin
+11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.97
Net assets divided by total expenses
Liabilities-to-Assets
20.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$37,789,85310%$33,388,27411%$40,908,49516%
2022$34,295,89215%$30,143,71815%$35,288,01938%
2021$29,754,2577%$26,295,2966%$25,525,44711%
2020$27,769,4007%$24,859,9537%$23,008,27624%
2019$26,056,96614%$23,194,9688%$18,489,46721%
2018$22,783,0852%$21,544,8094%$15,271,7067%
2017$22,421,7576%$20,715,8965%$14,282,92815%
2016$21,125,6766%$19,703,4858%$12,375,84320%
2015$19,921,4799%$18,221,7608%$10,326,19117%
2014$18,315,67715%$16,846,72411%$8,858,47821%
2013$15,946,9533%$15,182,6893%$7,308,41612%
2012$15,553,76219%$14,732,27717%$6,497,49517%
2011$19,278,281$17,730,406$5,549,118

Frequently Asked Questions

What does Healthreach Community Health Centers do?

Healthreach Community Health Centers is a health care nonprofit organization based in Maine. It is classified under NTEE code E39Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Healthreach Community Health Centers financially healthy?

Based on our 9-metric Financial Health Score model, Healthreach Community Health Centers has a score of 86/100 (Grade: A). 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 Healthreach Community Health Centers generate?

Healthreach Community Health Centers reports $40.5M in annual revenue and holds $44.5M in total assets, based on IRS filings.

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