E — Health CareEIN: 570874078

Lexmed INC

Lexington, South Carolina

CHealth Score
39C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.08×
Peer Median8.62×
💰
$35.2M
Total Revenue
📊
$38.1M
Total Expenses
🏦
$3.0M
Net Assets
📋
$16.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.3%
Year-over-year change (2022 → 2023)
Net Margin
-8.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
85.0%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$35,235,407↑1%$38,107,220↑3%$19,667,617↓1%
2022$34,781,151↑53%$37,134,274↑43%$19,804,956↑2%
2021$22,725,899$25,880,891$19,463,727

Frequently Asked Questions

What does Lexmed INC do?▼

Lexmed INC is a health care nonprofit organization based in South Carolina. It is classified under NTEE code E91 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lexmed INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Lexmed INC has a score of 39/100 (Grade: C). 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 Lexmed INC generate?▼

Lexmed INC reports $36.2M in annual revenue and holds $23.8M in total assets, based on IRS filings.

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