LHousing & ShelterEIN: 521925494· Ruling Year: 1995

Friendship Place

Washington, District of Columbia

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median12.01×
💰
$20.7M
Total Revenue
📊
$21.6M
Total Expenses
🏦
$7.4M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.9%
Year-over-year change (2022 → 2023)
Net Margin
-4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
26.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,745,77617%$21,636,60922%$10,041,6239%
2022$17,744,68615%$17,749,6586%$9,181,1443%
2021$20,756,31443%$16,760,41828%$9,467,59462%
2020$14,548,10642%$13,044,54727%$5,852,82450%
2019$10,221,5098%$10,243,1737%$3,895,1466%
2018$11,078,3307%$11,057,9401%$3,667,69913%
2017$11,925,34317%$10,993,99112%$4,192,84312%
2016$10,212,82627%$9,856,65323%$3,758,53545%
2015$8,048,00941%$7,985,10741%$2,595,60424%
2014$5,710,62934%$5,672,08638%$2,101,05711%
2013$4,252,08342%$4,117,20139%$1,889,43412%
2012$2,995,5464%$2,956,1067%$1,690,5153%
2011$2,871,894$2,753,168$1,636,217

Frequently Asked Questions

What does Friendship Place do?

Friendship Place is a housing & shelter nonprofit organization based in District of Columbia. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendship Place financially healthy?

Based on our 9-metric Financial Health Score model, Friendship Place has a score of 57/100 (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 Friendship Place generate?

Friendship Place reports $23.9M in annual revenue and holds $10.6M in total assets, based on IRS filings.

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