P โ€” Human ServicesEIN: 561276293ยท Ruling Year: 1981

Helpmate Inc

Asheville, North Carolina

B+Health Score
71B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.2M
Total Revenue
๐Ÿ“Š
$3.0M
Total Expenses
๐Ÿฆ
$3.7M
Net Assets
๐Ÿ“‹
$5.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+28.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.25
Net assets divided by total expenses
Liabilities-to-Assets
58.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,155,227โ†‘21%$2,965,196โ†“5%$8,932,272โ†‘222%
2022$3,420,225โ†“3%$3,106,103โ†“6%$2,773,392โ†‘16%
2021$3,533,733โ†‘36%$3,295,720โ†‘35%$2,397,983โ†“9%
2020$2,590,078โ†‘21%$2,448,273โ†‘18%$2,636,996โ†‘26%
2019$2,138,061โ†‘12%$2,080,087โ†‘13%$2,099,166โ†‘10%
2018$1,916,349โ†‘22%$1,843,601โ†‘14%$1,900,060โ†‘5%
2017$1,564,964โ†‘31%$1,612,730โ†‘27%$1,806,107โ†“3%
2016$1,197,344โ†‘6%$1,266,768โ†‘42%$1,866,934โ†“2%
2015$1,127,261โ†‘46%$890,943โ†‘19%$1,910,067โ†‘16%
2014$773,624โ†‘35%$749,081โ†‘5%$1,653,018โ†‘1%
2013$572,362โ†“22%$712,295โ†“10%$1,633,704โ†“9%
2012$731,095โ†“2%$792,257โ†‘11%$1,788,280โ†“3%
2011$744,513$710,904$1,850,185

Frequently Asked Questions

What does Helpmate Inc do?โ–ผ

Helpmate Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P43Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Helpmate Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Helpmate Inc has a score of 71/100 (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 Helpmate Inc generate?โ–ผ

Helpmate Inc reports $6.6M in annual revenue and holds $12.4M in total assets, based on IRS filings.

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Helpmate Inc โ€” Asheville, NC | GiveScope