BEducationEIN: 581805305

Health Scholarships INC

Gray, Georgia

DHealth Score
33D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.13×
Peer Median1.96×
💰
$208.5M
Total Revenue
📊
$230.3M
Total Expenses
🏦
$29.2M
Net Assets
📋
$46.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.9%
Year-over-year change (2022 → 2023)
Net Margin
-10.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
61.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$208,458,30312%$230,268,5544%$75,774,127108%
2022$236,618,2143%$240,898,9283%$36,353,53340%
2021$230,146,8989%$233,944,9846%$60,823,0577%
2020$252,984,3791%$247,890,4352%$56,857,11412%
2019$251,010,0011%$253,071,1521%$64,711,2902%
2018$248,483,9873%$250,205,0216%$63,605,68010%
2017$241,324,2097%$236,910,3706%$57,893,75428%
2016$225,884,99414%$223,750,7705%$45,334,9456%
2015$198,822,1045%$213,068,95822%$48,149,97132%
2014$189,170,3057%$174,133,9458%$70,314,70940%
2013$177,452,78813%$160,712,70417%$50,389,18224%
2012$157,402,42015%$137,545,7186%$40,551,47213%
2011$136,977,627$129,403,638$46,713,603

Frequently Asked Questions

What does Health Scholarships INC do?

Health Scholarships INC is a education nonprofit organization based in Georgia. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health Scholarships INC financially healthy?

Based on our 9-metric Financial Health Score model, Health Scholarships INC has a score of 33/100 (Grade: D). 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 Health Scholarships INC generate?

Health Scholarships INC reports $328.4M in annual revenue and holds $77.6M in total assets, based on IRS filings.

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