P โ€” Human ServicesEIN: 273481562ยท Ruling Year: 1970

Providence Place Assisted Living Inc

High Point, North Carolina

CHealth Score
37C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$4.6M
Total Revenue
๐Ÿ“Š
$5.2M
Total Expenses
๐Ÿฆ
-$442K
Net Assets
๐Ÿ“‹
$6.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-14.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.08
Net assets divided by total expenses
Liabilities-to-Assets
108.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,561,352โ†‘3%$5,224,763โ†‘9%$5,539,930โ†“16%
2022$4,446,679โ†“12%$4,804,623โ†‘10%$6,571,220โ†“7%
2021$5,053,381โ†‘11%$4,350,094โ†“1%$7,070,859โ†‘6%
2020$4,534,577โ†“3%$4,401,227โ†‘3%$6,693,921โ†“10%
2019$4,655,468โ†‘10%$4,280,839โ†‘7%$7,401,668โ†‘4%
2018$4,241,301โ†‘6%$4,010,951โ†“8%$7,109,368โ†“1%
2017$4,009,734โ†“8%$4,339,267โ†‘5%$7,156,498โ†“5%
2016$4,372,814โ†‘2%$4,138,981โ†‘9%$7,506,026โ†‘1%
2015$4,268,238โ†‘21%$3,799,887$7,423,881โ†“3%
2014$3,515,313โ†“1%$3,794,812โ†‘4%$7,642,013โ†“1%
2013$3,548,026โ†‘11%$3,644,257โ†‘3%$7,700,751โ†“5%
2012$3,188,027โ†‘200%$3,538,788โ†‘125%$8,138,583โ†“3%
2011$1,062,673$1,571,513$8,403,085

Frequently Asked Questions

What does Providence Place Assisted Living Inc do?โ–ผ

Providence Place Assisted Living Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P75 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Place Assisted Living Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Providence Place Assisted Living Inc has a score of 37/100 (Grade: C). 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 Providence Place Assisted Living Inc generate?โ–ผ

Providence Place Assisted Living Inc reports $4.6M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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Providence Place Assisted Living Inc โ€” High Point, NC | GiveScope