Carmel Terrace Inc
Framingham, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,893,318↑13% | $4,319,750↑4% | $18,687,171↑5% | |
| 2022 | $4,336,050↓21% | $4,158,631↑1% | $17,774,771↓13% | — |
| 2021 | $5,505,438↑6% | $4,130,043↓3% | $20,326,260↑3% | — |
| 2020 | $5,181,562↓1% | $4,272,187↓1% | $19,797,218↑7% | — |
| 2019 | $5,213,814↓1% | $4,305,205↑1% | $18,456,553↑8% | — |
| 2018 | $5,291,596↑17% | $4,269,202↑3% | $17,144,916 | — |
| 2017 | $4,541,769↓3% | $4,139,902↑4% | $17,168,534↑5% | — |
| 2016 | $4,680,368↓6% | $3,980,990↓5% | $16,360,747↑4% | — |
| 2015 | $4,976,528↑11% | $4,177,807↓4% | $15,758,508 | — |
| 2014 | $4,485,435↑5% | $4,355,068↑7% | $15,708,587↑2% | — |
| 2013 | $4,284,639↑9% | $4,057,522↑4% | $15,428,431↑2% | — |
| 2012 | $3,936,358 | $3,917,642↑1% | $15,062,351↑1% | — |
| 2011 | $3,934,615 | $3,890,709 | $14,971,581 | — |
Frequently Asked Questions
What does Carmel Terrace Inc do?▼
Carmel Terrace Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Carmel Terrace Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Carmel Terrace Inc has a score of 70/100 (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 Carmel Terrace Inc generate?▼
Carmel Terrace Inc reports $5.8M in annual revenue and holds $20.2M in total assets, based on IRS filings.
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