Palmer Home For Children
Lk Cormorant, Mississippi
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,906,186↓26% | $6,123,172↑7% | $33,565,080↑6% | |
| 2022 | $7,946,553↑3% | $5,714,720 | $31,765,729↓2% | — |
| 2021 | $7,699,048↓3% | $5,713,622↓3% | $32,382,254↑22% | — |
| 2020 | $7,944,570↑4% | $5,899,955↓1% | $26,612,288↑14% | — |
| 2018 | $7,641,255↑7% | $5,942,324↓6% | $23,430,964↑7% | — |
| 2017 | $7,128,423↑21% | $6,324,500↑5% | $21,945,516↑3% | — |
| 2016 | $5,906,932↓23% | $6,045,048↑3% | $21,330,607↓2% | — |
| 2015 | $7,645,065↓2% | $5,879,709↑1% | $21,766,971↑6% | — |
| 2014 | $7,832,229↓10% | $5,817,373↑6% | $20,493,198↑12% | — |
| 2013 | $8,663,270↑60% | $5,501,733↑16% | $18,241,115↑20% | — |
| 2012 | $5,402,280 | $4,758,976 | $15,155,095 | — |
Frequently Asked Questions
What does Palmer Home For Children do?▼
Palmer Home For Children is a human services nonprofit organization based in Mississippi. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palmer Home For Children financially healthy?▼
Based on our 9-metric Financial Health Score model, Palmer Home For Children has a score of 68/100 (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 Palmer Home For Children generate?▼
Palmer Home For Children reports $5.8M in annual revenue and holds $33.1M in total assets, based on IRS filings.
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