P — Human ServicesEIN: 204539306· Ruling Year: 2006

Salem Mission Inc

Salem, Massachusetts

B+Health Score
69B+

Financial Health Score

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

Good

💰
$5.3M
Total Revenue
📊
$5.4M
Total Expenses
🏦
$2.8M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.8%
Year-over-year change (2022 → 2023)
Net Margin
-2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
40.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,250,372↑35%$5,371,821↑29%$4,657,239↑23%
2022$3,894,909↓8%$4,158,134↑36%$3,796,611↓8%
2021$4,238,250↑66%$3,052,739↑15%$4,126,623↑30%
2020$2,551,432↑6%$2,662,298↑9%$3,184,708↑8%
2019$2,414,927↑18%$2,432,388↑18%$2,942,045↑1%
2018$2,051,897↑1%$2,061,633↑10%$2,901,055↑1%
2017$2,036,228↑39%$1,869,851↑50%$2,885,033↑42%
2016$1,468,787↑15%$1,244,720↑7%$2,038,647↑5%
2015$1,274,582↑7%$1,159,310↑1%$1,948,921↑6%
2014$1,186,109↑24%$1,145,216↑7%$1,835,677↑3%
2013$959,185↑16%$1,066,438↑6%$1,776,642↓5%
2012$825,577$1,001,477$1,869,555

Frequently Asked Questions

What does Salem Mission Inc do?▼

Salem Mission Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Salem Mission Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Salem Mission Inc has a score of 69/100 (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 Salem Mission Inc generate?▼

Salem Mission Inc reports $6.7M in annual revenue and holds $5.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Massachusetts.