PHuman ServicesEIN: 562370081· Ruling Year: 2004

Caringworks Inc

Decatur, Georgia

BHealth Score
59B

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 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median7.39×
💰
$11.3M
Total Revenue
📊
$11.2M
Total Expenses
🏦
$1.8M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.4%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
51.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,325,0701%$11,155,7638%$3,693,71342%
2022$11,480,1334%$12,161,48817%$2,606,0041%
2021$11,086,26615%$10,366,1526%$2,568,58113%
2020$9,614,62315%$9,737,39623%$2,275,5688%
2019$8,388,72327%$7,941,17624%$2,107,92623%
2018$6,616,7577%$6,384,5374%$1,711,09015%
2017$6,180,1806%$6,142,05022%$1,482,0132%
2016$5,817,32433%$5,048,13111%$1,508,883157%
2015$4,372,83717%$4,561,54329%$587,78920%
2014$3,729,28213%$3,546,7869%$730,20135%
2013$3,299,95931%$3,259,65541%$542,47222%
2012$2,528,11221%$2,317,92210%$444,59692%
2011$2,083,283$2,100,037$231,451

Frequently Asked Questions

What does Caringworks Inc do?

Caringworks Inc is a human services nonprofit organization based in Georgia. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Caringworks Inc financially healthy?

Based on our 9-metric Financial Health Score model, Caringworks Inc has a score of 59/100 (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 Caringworks Inc generate?

Caringworks Inc reports $10.7M in annual revenue and holds $3.7M in total assets, based on IRS filings.

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