L — Housing & 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$20,745,776↑17%$21,636,609↑22%$10,041,623↑9%
2022$17,744,686↓15%$17,749,658↑6%$9,181,144↓3%
2021$20,756,314↑43%$16,760,418↑28%$9,467,594↑62%
2020$14,548,106↑42%$13,044,547↑27%$5,852,824↑50%
2019$10,221,509↓8%$10,243,173↓7%$3,895,146↑6%
2018$11,078,330↓7%$11,057,940↑1%$3,667,699↓13%
2017$11,925,343↑17%$10,993,991↑12%$4,192,843↑12%
2016$10,212,826↑27%$9,856,653↑23%$3,758,535↑45%
2015$8,048,009↑41%$7,985,107↑41%$2,595,604↑24%
2014$5,710,629↑34%$5,672,086↑38%$2,101,057↑11%
2013$4,252,083↑42%$4,117,201↑39%$1,889,434↑12%
2012$2,995,546↑4%$2,956,106↑7%$1,690,515↑3%
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 $24.3M in annual revenue and holds $10.6M in total assets, based on IRS filings.

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