PHuman ServicesEIN: 561569395· Ruling Year: 1987

Irene Wortham Residential Center 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

💰
$3.8M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$4.0M
Net Assets
📋
$249K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.7%
Year-over-year change (2023 → 2024)
Net Margin
+2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.09
Net assets divided by total expenses
Liabilities-to-Assets
5.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,772,3962%$3,696,26410%$4,274,8305%
2023$3,837,96714%$3,374,25610%$4,082,32513%
2022$4,443,92826%$3,065,11914%$3,626,92251%
2021$3,535,06426%$2,693,8444%$2,408,25961%
2020$2,804,6555%$2,813,7758%$1,494,1841%
2019$2,678,526$2,614,0512%$1,476,2304%
2018$2,681,1442%$2,659,8191%$1,414,3522%
2017$2,729,5891%$2,626,8221%$1,386,0418%
2016$2,714,0173%$2,650,2929%$1,282,9154%
2015$2,627,4792%$2,432,1483%$1,238,68618%
2014$2,580,5371%$2,353,5154%$1,051,95922%
2013$2,614,2221%$2,442,6824%$863,2091%
2012$2,591,029$2,546,841$869,661

Frequently Asked Questions

What does Irene Wortham Residential Center Inc do?

Irene Wortham Residential Center Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Irene Wortham Residential Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Irene Wortham Residential Center 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 Irene Wortham Residential Center Inc generate?

Irene Wortham Residential Center Inc reports $3.9M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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