T — Philanthropy, Voluntarism & GrantmakingEIN: 330052434· Ruling Year: 1990

Versacare Inc

Riverside, California

B-Health Score
54B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org18.79×
Peer Median18.82×
💰
$2.5M
Total Revenue
📊
$3.3M
Total Expenses
🏦
$62.9M
Net Assets
📋
$690K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+716.6%
Year-over-year change (2022 → 2023)
Net Margin
-35.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.79
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$2,477,141↑717%$3,347,632↑642%$63,581,302↑2%
2022$303,344↓95%$450,890↓85%$62,525,945↑3%
2022$5,552,592↓19%$3,076,306↑10%$60,632,834↑17%
2021$6,827,919↑200%$2,800,807↓12%$51,657,917↑148%
2020$2,278,796↓20%$3,188,668↑20%$20,798,315↓6%
2019$2,841,911↓7%$2,654,941↑32%$22,094,046↑20%
2015$3,060,284↑8%$2,007,227↑5%$18,409,603↑8%
2014$2,837,646↑17%$1,913,661↑10%$17,075,130↑6%
2013$2,434,764↑12%$1,737,874↑3%$16,145,131↑13%
2012$2,172,223↑8%$1,682,535↑2%$14,272,681↑4%
2011$2,017,837$1,653,482$13,787,428

Frequently Asked Questions

What does Versacare Inc do?▼

Versacare Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Versacare Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Versacare Inc has a score of 54/100 (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 Versacare Inc generate?▼

Revenue data for Versacare Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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