L — Housing & ShelterEIN: 650522900· Ruling Year: 1996

Partnership Inc

Riviera Beach, Florida

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.72×
Peer Median12.01×
💰
$13.5M
Total Revenue
📊
$10.1M
Total Expenses
🏦
$47.5M
Net Assets
📋
$725K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+40.1%
Year-over-year change (2022 → 2023)
Net Margin
+25.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.72
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$13,504,017↑40%$10,050,767↑12%$48,203,272↑15%
2022$9,639,704↓70%$8,989,964↑66%$41,969,996↓4%
2021$32,029,188↑233%$5,407,212↓21%$43,921,488↑54%
2020$9,613,815↑8%$6,853,390↓11%$28,486,738↑12%
2019$8,910,912↑36%$7,708,823↑17%$25,499,987↑9%
2018$6,556,920↓35%$6,580,156↑18%$23,491,366↑2%
2017$10,020,386↑242%$5,554,614↑326%$22,930,472↑22%
2016$2,932,871↓53%$1,303,342↓77%$18,721,657↑11%
2016$6,228,971↑36%$5,595,051↑56%$16,935,789↑180%
2015$4,586,767↑54%$3,587,251↑36%$6,058,541↑17%
2014$2,985,909↑11%$2,639,095↑6%$5,180,987↑6%
2013$2,700,155↑43%$2,495,600↑65%$4,909,003↑1%
2012$1,889,545↑27%$1,512,783↑5%$4,838,209↑2%
2011$1,486,619$1,446,609$4,731,781

Frequently Asked Questions

What does Partnership Inc do?▼

Partnership Inc is a housing & shelter nonprofit organization based in Florida. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Partnership Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Partnership Inc 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 Partnership Inc generate?▼

Partnership Inc reports $12.5M in annual revenue and holds $24.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Florida.