The Cove Center INC
Providence, Rhode Island
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 15 peers in Human Services with $10M-$100M 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 | $11,609,361↑21% | $10,552,308↑13% | $5,791,222↑15% | — |
| 2022 | $9,611,157 | $9,319,588↑12% | $5,039,017↑37% | — |
| 2021 | $9,611,664↑5% | $8,305,919↓9% | $3,675,059↓14% | — |
| 2020 | $9,186,526↑3% | $9,084,306↑2% | $4,256,611↑60% | — |
| 2019 | $8,919,318↑3% | $8,925,211↑6% | $2,663,034↓8% | — |
| 2018 | $8,684,301↑8% | $8,437,276↑1% | $2,880,636↑11% | — |
| 2017 | $8,059,330↓2% | $8,370,635 | $2,599,267↓8% | — |
| 2016 | $8,249,401↑4% | $8,378,249↓2% | $2,819,713↓7% | — |
| 2015 | $7,933,355↓4% | $8,530,744↑4% | $3,035,066↓18% | — |
| 2014 | $8,235,005↑1% | $8,225,535 | $3,699,291↓1% | — |
| 2013 | $8,155,494↑3% | $8,236,911 | $3,722,993↑3% | — |
| 2012 | $7,913,204↓14% | $8,234,664↓10% | $3,601,336↑4% | — |
| 2011 | $9,181,367 | $9,177,114 | $3,457,058 | — |
Frequently Asked Questions
What does The Cove Center INC do?▼
The Cove Center INC is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Cove Center INC financially healthy?▼
Based on our 9-metric Financial Health Score model, The Cove Center INC has a score of 71/100 (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 The Cove Center INC generate?▼
The Cove Center INC reports $13.6M in annual revenue and holds $6.6M in total assets, based on IRS filings.
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