L โ€” Housing & ShelterEIN: 222887878ยท Ruling Year: 1988

Westerly-area-rest-meals-warm-inc

Westerly, Rhode Island

A-Health Score
82A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$2.8M
Net Assets
๐Ÿ“‹
$63K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+61.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+6.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.19
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,519,497โ†‘61%$2,355,099โ†‘43%$2,865,569โ†‘6%
2022$1,562,274โ†“8%$1,644,908โ†‘20%$2,705,799โ†‘14%
2021$1,698,741โ†‘28%$1,366,310โ†‘5%$2,373,354โ†‘10%
2020$1,331,240โ†‘18%$1,296,277โ†‘11%$2,153,622โ†‘8%
2019$1,132,388โ†‘1%$1,167,975โ†“4%$1,992,101โ†“2%
2018$1,124,379โ†“3%$1,217,832โ†“5%$2,039,623โ†“29%
2017$1,163,441โ†“20%$1,282,713โ†‘3%$2,890,017โ†“3%
2016$1,450,826โ†‘15%$1,242,286โ†‘15%$2,976,077โ†‘9%
2015$1,257,398โ†“32%$1,081,054$2,730,935โ†‘6%
2014$1,857,408โ†‘13%$1,083,305โ†‘8%$2,570,792โ†‘56%
2013$1,641,224โ†‘31%$1,006,614$1,650,312โ†‘55%
2012$1,256,400โ†‘30%$1,010,791โ†‘5%$1,066,576โ†‘30%
2011$966,157$958,189$819,681

Frequently Asked Questions

What does Westerly-area-rest-meals-warm-inc do?โ–ผ

Westerly-area-rest-meals-warm-inc is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Westerly-area-rest-meals-warm-inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Westerly-area-rest-meals-warm-inc has a score of 82/100 (Grade: A-). 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 Westerly-area-rest-meals-warm-inc generate?โ–ผ

Westerly-area-rest-meals-warm-inc reports $3.4M in annual revenue and holds $4.0M in total assets, based on IRS filings.

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Westerly-area-rest-meals-warm-inc โ€” Westerly, RI | GiveScope