PHuman ServicesEIN: 223939593· Ruling Year: 2007

Nw Furniture Bank

Tacoma, Washington

AHealth Score
91A

Financial Health Score

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

Excellent

💰
$4.5M
Total Revenue
📊
$4.2M
Total Expenses
🏦
$4.3M
Net Assets
📋
$71K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-20.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.03
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,471,07020%$4,151,77518%$4,336,0289%
2022$5,585,82553%$5,090,80558%$3,977,71014%
2021$3,639,8815%$3,216,8853%$3,492,58614%
2020$3,845,46314%$3,315,12626%$3,051,87920%
2019$4,462,5687%$4,458,45816%$2,551,4082%
2018$4,174,405$3,848,4035%$2,511,30915%
2017$4,154,38011%$4,068,2929%$2,192,2644%
2016$3,738,7041%$3,715,3489%$2,104,5882%
2015$3,762,61819%$3,405,06325%$2,072,8788%
2014$3,159,39814%$2,722,91833%$2,243,43973%
2013$2,762,56097%$2,047,88350%$1,294,180224%
2012$1,403,959973%$1,365,195678%$399,39859%
2011$130,82190%$175,36587%$251,35615%
2011$1,325,851$1,335,459$296,017

Frequently Asked Questions

What does Nw Furniture Bank do?

Nw Furniture Bank is a human services nonprofit organization based in Washington. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nw Furniture Bank financially healthy?

Based on our 9-metric Financial Health Score model, Nw Furniture Bank has a score of 91/100 (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 Nw Furniture Bank generate?

Nw Furniture Bank reports $4.1M in annual revenue and holds $4.5M in total assets, based on IRS filings.

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