Hobart Institute Of Welding Technology
Troy, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,693,427↑3% | $9,397,301↑3% | $26,345,317↑10% | — |
| 2022 | $10,377,174↓6% | $9,112,806↑3% | $24,037,388↓2% | — |
| 2021 | $11,075,973↑28% | $8,874,089↑17% | $24,538,964↑12% | — |
| 2020 | $8,624,823↑2% | $7,570,926↓3% | $21,990,854 | — |
| 2019 | $8,478,863↓9% | $7,831,548↓7% | $22,087,946↑3% | — |
| 2018 | $9,278,938↓4% | $8,462,246↓1% | $21,413,179↓3% | — |
| 2017 | $9,712,954↑6% | $8,578,389↑7% | $21,996,314↑18% | — |
| 2016 | $9,204,584↑8% | $7,997,014↑11% | $18,713,123↑10% | — |
| 2015 | $8,513,291↑12% | $7,179,248↑8% | $17,057,997↑10% | — |
| 2014 | $7,609,811↑11% | $6,658,028↑8% | $15,522,310↑18% | — |
| 2013 | $6,830,751↑4% | $6,142,934↑5% | $13,139,872↑4% | — |
| 2012 | $6,552,276↑8% | $5,859,672↑8% | $12,613,863↑6% | — |
| 2011 | $6,076,078 | $5,434,879 | $11,876,739 | — |
Frequently Asked Questions
What does Hobart Institute Of Welding Technology do?▼
Hobart Institute Of Welding Technology is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hobart Institute Of Welding Technology financially healthy?▼
Based on our 9-metric Financial Health Score model, Hobart Institute Of Welding Technology has a score of 75/100 (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 Hobart Institute Of Welding Technology generate?▼
Hobart Institute Of Welding Technology reports $9.9M in annual revenue and holds $28.5M in total assets, based on IRS filings.
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