Resources For Independence Inc
Cumberland, Maryland
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$594K
Total Revenue
📊
$573K
Total Expenses
🏦
$200K
Net Assets
📋
$14K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+7.2%
Year-over-year change (2022 → 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $594,060↑7% | $573,458↑10% | $213,840↑12% | |
| 2022 | $554,159 | $522,669↓5% | $191,582↑18% | — |
| 2021 | $552,450↑8% | $550,728↑12% | $162,882↑8% | — |
| 2020 | $510,170↑14% | $489,887↑18% | $151,493↓6% | — |
| 2019 | $447,096↑8% | $415,858↑9% | $161,763↑39% | — |
| 2018 | $415,750↓3% | $380,998↓7% | $116,294↑44% | — |
| 2017 | $428,190↓2% | $408,822↓12% | $80,583↑4% | — |
| 2016 | $437,677↓12% | $464,527↓3% | $77,392↓13% | — |
| 2015 | $495,705↑3% | $477,172↓3% | $89,399↑25% | — |
| 2014 | $482,316↓11% | $491,153↓17% | $71,697↓24% | — |
| 2013 | $539,182↓10% | $594,294↑8% | $94,612↓23% | — |
| 2012 | $597,943↓11% | $550,593↓15% | $123,221↑22% | — |
| 2011 | $671,960 | $644,905 | $101,090 | — |
Frequently Asked Questions
What does Resources For Independence Inc do?▼
Resources For Independence Inc is a human services nonprofit organization based in Maryland. It is classified under NTEE code P820 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Resources For Independence Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Resources For Independence Inc.
How much revenue does Resources For Independence Inc generate?▼
Resources For Independence Inc reports $773K in annual revenue and holds $230K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Maryland.