YMutual & Membership BenefitEIN: 466767875· Ruling Year: 2015

Independent Care Group Plus Tr

Jersey City, New Jersey

DHealth Score
31D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.20×
Peer Median29.60×
💰
$5.9M
Total Revenue
📊
$8.8M
Total Expenses
🏦
$1.8M
Net Assets
📋
$3.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.5%
Year-over-year change (2022 → 2023)
Net Margin
-50.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
68.8%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$5,870,31121%$8,802,58344%$5,619,66421%
2022$7,475,5908%$6,117,38523%$7,101,00016%
2021$8,106,1848%$7,956,23513%$6,129,866
2020$8,827,7744%$9,110,43315%$6,102,33975%
2019$9,212,8716%$10,741,47519%$3,477,68038%
2018$9,850,266$9,027,597$5,649,50017%
2017$9,850,2667%$9,027,59714%$4,826,8311%
2016$10,642,6523%$10,486,65233%$4,867,52214%
2015$10,991,747$7,885,182$4,267,244

Frequently Asked Questions

What does Independent Care Group Plus Tr do?

Independent Care Group Plus Tr is a mutual & membership benefit nonprofit organization based in New Jersey. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independent Care Group Plus Tr financially healthy?

Based on our 9-metric Financial Health Score model, Independent Care Group Plus Tr has a score of 31/100 (Grade: D). 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 Independent Care Group Plus Tr generate?

Independent Care Group Plus Tr reports $5.8M in annual revenue and holds $4.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Mutual & Membership Benefit category, or browse all nonprofits in New Jersey.