Element Care Inc
Lynn, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 139 peers in Human Services with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $110,017,724↑3% | $105,983,724↑10% | $113,395,799↑22% | |
| 2022 | $107,097,540↑5% | $96,264,425↑8% | $93,315,351↑11% | — |
| 2021 | $102,077,849↑6% | $89,402,275↑1% | $83,865,974↑16% | — |
| 2020 | $96,125,136↑8% | $88,692,051↓3% | $72,193,292↑13% | — |
| 2019 | $89,277,278↓1% | $91,475,761↑1% | $64,134,540↓10% | — |
| 2018 | $89,869,281↑2% | $90,129,900↑3% | $71,595,457 | — |
| 2017 | $87,823,332↑1% | $87,086,198↑1% | $71,521,915↑6% | — |
| 2016 | $87,350,387↑3% | $86,645,478↑3% | $67,272,753↑8% | — |
| 2015 | $84,667,022↑5% | $84,327,405↑8% | $62,383,052↓2% | — |
| 2014 | $80,862,707↑14% | $77,741,682↑12% | $63,701,201↑12% | — |
| 2013 | $71,242,559↑7% | $69,418,331↑11% | $57,086,920↑3% | — |
| 2012 | $66,654,270↑10% | $62,579,551↑13% | $55,252,673↑13% | — |
| 2011 | $60,768,419 | $55,283,853 | $48,994,631 | — |
Frequently Asked Questions
What does Element Care Inc do?▼
Element Care Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Element Care Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Element Care Inc has a score of 72/100 (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 Element Care Inc generate?▼
Element Care Inc reports $123.5M in annual revenue and holds $108.5M in total assets, based on IRS filings.
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