EHealth CareEIN: 222570482· Ruling Year: 1985

Block Island Health Services Inc

Block Island, Rhode Island

B+Health Score
70B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org5.30×
Peer Median29.34×
💰
$2.7M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$9.7M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+48.1%
Year-over-year change (2022 → 2023)
Net Margin
+32.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.30
Net assets divided by total expenses
Liabilities-to-Assets
10.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,726,85648%$1,828,6568%$10,875,23722%
2022$1,841,67167%$1,693,4072%$8,914,7906%
2021$5,595,094259%$1,719,6718%$9,436,31065%
2020$1,558,74663%$1,588,8631%$5,715,0894%
2019$4,250,389225%$1,597,80511%$5,489,838104%
2018$1,309,382$1,436,35925%$2,691,5429%
2017$1,303,5268%$1,153,08112%$2,964,78414%
2016$1,204,8235%$1,032,91121%$2,590,12511%
2015$1,149,96351%$852,51515%$2,335,7547%
2014$761,2482%$741,4843%$2,175,4432%
2013$749,53734%$722,3603%$2,211,72911%
2012$1,135,55769%$743,4585%$1,988,85927%
2011$672,2472%$706,9483%$1,565,2754%
2010$682,958$689,054$1,638,257

Frequently Asked Questions

What does Block Island Health Services Inc do?

Block Island Health Services Inc is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Block Island Health Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Block Island Health Services Inc has a score of 70/100 (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 Block Island Health Services Inc generate?

Block Island Health Services Inc reports $6.7M in annual revenue and holds $15.0M in total assets, based on IRS filings.

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Block Island Health Services Inc — Block Island, RI | GiveScope