P โ€” Human ServicesEIN: 042104239ยท Ruling Year: 1936

Friendly House Inc

Worcester, Massachusetts

AHealth Score
86A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$10.2M
Total Revenue
๐Ÿ“Š
$9.0M
Total Expenses
๐Ÿฆ
$4.6M
Net Assets
๐Ÿ“‹
$902K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.1%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
16.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$10,242,378โ†‘26%$8,976,185โ†‘23%$5,513,811โ†‘32%
2023$8,120,195โ†‘34%$7,320,143โ†‘22%$4,181,126โ†‘27%
2022$6,043,839โ†“14%$6,006,534โ†‘2%$3,296,125โ†“2%
2021$7,006,456โ†‘30%$5,906,093โ†‘15%$3,370,400โ†‘19%
2020$5,390,938โ†‘9%$5,152,880โ†‘4%$2,822,280โ†‘32%
2019$4,958,018โ†“4%$4,975,232โ†“4%$2,144,781โ†‘1%
2018$5,169,686โ†‘3%$5,162,512โ†‘6%$2,128,930โ†“3%
2017$4,996,280โ†‘10%$4,869,223โ†‘8%$2,186,671โ†‘9%
2016$4,528,946โ†‘1%$4,513,118โ†‘1%$2,013,304โ†‘10%
2015$4,476,696โ†‘13%$4,451,545โ†‘9%$1,828,789โ†“9%
2014$3,972,635โ†‘9%$4,077,651โ†‘12%$2,018,801โ†‘4%
2013$3,639,135โ†“1%$3,644,760โ†‘3%$1,946,242โ†‘33%
2012$3,673,591$3,525,825$1,465,540

Frequently Asked Questions

What does Friendly House Inc do?โ–ผ

Friendly House Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P600 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendly House Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Friendly House Inc 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 Friendly House Inc generate?โ–ผ

Friendly House Inc reports $9.8M in annual revenue and holds $5.6M in total assets, based on IRS filings.

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Friendly House Inc โ€” Worcester, MA | GiveScope