KFood, Agriculture & NutritionEIN: 472096070· Ruling Year: 2015

Mill City Grows Inc

Lowell, Massachusetts

A-Health Score
79A-

Financial Health Score

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

Very Good

💰
$1.8M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$1.5M
Net Assets
📋
$132K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.3%
Year-over-year change (2022 → 2023)
Net Margin
+8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
8.3%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$1,793,34517%$1,647,6431%$1,593,9408%
2022$1,529,3431%$1,637,45116%$1,471,3028%
2021$1,537,96527%$1,412,55222%$1,606,8728%
2020$1,210,19120%$1,160,84316%$1,494,3054%
2019$1,504,92616%$1,004,7511%$1,560,64998%
2018$1,294,02629%$1,016,89613%$788,75050%
2017$1,004,88731%$901,46735%$525,78730%
2016$769,60748%$668,920166%$404,66944%
2015$519,159$251,123$281,485

Frequently Asked Questions

What does Mill City Grows Inc do?

Mill City Grows Inc is a food, agriculture & nutrition nonprofit organization based in Massachusetts. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mill City Grows Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mill City Grows Inc has a score of 79/100 (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 Mill City Grows Inc generate?

Mill City Grows Inc reports $2.1M in annual revenue and holds $2.0M in total assets, based on IRS filings.

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