E — Health CareEIN: 050262584

Scandinavian Home INC

Cranston, Rhode Island

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.69×
Peer Median29.34×
💰
$9.5M
Total Revenue
📊
$11.0M
Total Expenses
🏦
$7.6M
Net Assets
📋
$4.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.7%
Year-over-year change (2022 → 2023)
Net Margin
-15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.69
Net assets divided by total expenses
Liabilities-to-Assets
34.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,509,216↓1%$11,012,336↑2%$11,606,562↓7%
2022$9,574,008↓16%$10,745,278↑5%$12,534,198↓22%
2021$11,446,395↑24%$10,231,967↓1%$16,033,569↓1%
2020$9,195,223↓13%$10,325,150$16,252,030↑6%
2019$10,509,861↑9%$10,366,128↓1%$15,395,247↑2%
2018$9,682,524↓2%$10,476,197↑5%$15,076,131↓6%
2017$9,873,428$9,976,771↑2%$16,111,889↑7%
2016$9,872,438↑2%$9,788,474↑3%$14,995,748↓2%
2015$9,667,235↑12%$9,458,751↑8%$15,265,441↓4%
2014$8,661,677↓11%$8,787,396↓3%$15,828,661↑15%
2013$9,772,283↓14%$9,028,353↓8%$13,738,062↑14%
2012$11,329,600↑17%$9,805,358↑3%$12,054,932↑7%
2011$9,708,454$9,549,509$11,283,613

Frequently Asked Questions

What does Scandinavian Home INC do?▼

Scandinavian Home INC is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E91Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Scandinavian Home INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Scandinavian Home INC has a score of 57/100 (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 Scandinavian Home INC generate?▼

Scandinavian Home INC reports $6.4M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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