EHealth CareEIN: 592120896· Ruling Year: 1982

The Joseph L Morse Health Center Inc

West Palm Bch, Florida

B-Health Score
46B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.48×
Peer Median8.62×
💰
$40.1M
Total Revenue
📊
$43.2M
Total Expenses
🏦
$20.7M
Net Assets
📋
$44.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.9%
Year-over-year change (2022 → 2023)
Net Margin
-7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
68.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$40,060,91423%$43,196,38914%$65,530,5316%
2022$32,587,50414%$37,867,7308%$69,407,45712%
2021$37,757,20715%$41,111,77412%$78,503,8772%
2020$44,390,4022%$46,857,5642%$76,727,3221%
2019$43,475,4263%$46,134,1136%$77,334,7874%
2018$42,327,2095%$43,709,9462%$80,592,4852%
2017$40,377,8295%$43,043,1812%$82,298,6835%
2016$42,628,1368%$43,937,42016%$86,850,12910%
2015$46,162,67115%$38,006,15914%$95,987,33916%
2014$40,170,5688%$33,202,0878%$82,878,23256%
2013$43,860,81032%$30,809,3713%$53,192,06442%
2012$33,187,2882%$31,633,0643%$37,493,0343%
2011$33,809,447$30,640,303$36,537,765

Frequently Asked Questions

What does The Joseph L Morse Health Center Inc do?

The Joseph L Morse Health Center Inc is a health care nonprofit organization based in Florida. It is classified under NTEE code E91 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Joseph L Morse Health Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, The Joseph L Morse Health Center Inc has a score of 46/100 (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 The Joseph L Morse Health Center Inc generate?

The Joseph L Morse Health Center Inc reports $41.3M in annual revenue and holds $62.0M in total assets, based on IRS filings.

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