Salem Mission Inc
Salem, 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
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,250,372โ35% | $5,371,821โ29% | $4,657,239โ23% | |
| 2022 | $3,894,909โ8% | $4,158,134โ36% | $3,796,611โ8% | โ |
| 2021 | $4,238,250โ66% | $3,052,739โ15% | $4,126,623โ30% | โ |
| 2020 | $2,551,432โ6% | $2,662,298โ9% | $3,184,708โ8% | โ |
| 2019 | $2,414,927โ18% | $2,432,388โ18% | $2,942,045โ1% | โ |
| 2018 | $2,051,897โ1% | $2,061,633โ10% | $2,901,055โ1% | โ |
| 2017 | $2,036,228โ39% | $1,869,851โ50% | $2,885,033โ42% | โ |
| 2016 | $1,468,787โ15% | $1,244,720โ7% | $2,038,647โ5% | โ |
| 2015 | $1,274,582โ7% | $1,159,310โ1% | $1,948,921โ6% | โ |
| 2014 | $1,186,109โ24% | $1,145,216โ7% | $1,835,677โ3% | โ |
| 2013 | $959,185โ16% | $1,066,438โ6% | $1,776,642โ5% | โ |
| 2012 | $825,577 | $1,001,477 | $1,869,555 | โ |
Frequently Asked Questions
What does Salem Mission Inc do?โผ
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?โผ
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?โผ
Salem Mission Inc reports $6.7M in annual revenue and holds $5.2M in total assets, based on IRS filings.
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