PHuman ServicesEIN: 650888855· Ruling Year: 2000

Morselife Housing Corporation Inc

West Palm Bch, Florida

CHealth Score
42C

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 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.14×
Peer Median7.39×
💰
$28.8M
Total Revenue
📊
$32.6M
Total Expenses
🏦
$4.7M
Net Assets
📋
$149.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.8%
Year-over-year change (2022 → 2023)
Net Margin
-13.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.14
Net assets divided by total expenses
Liabilities-to-Assets
97.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$28,788,05412%$32,582,3787%$154,583,7003%
2022$25,757,5548%$30,405,52711%$149,720,3641%
2021$23,935,4481%$27,366,3704%$148,756,1596%
2020$23,814,13113%$28,473,39212%$139,804,6077%
2019$21,123,19236%$25,528,13266%$130,219,8061%
2018$15,566,76713%$15,423,71349%$131,641,44320%
2017$13,773,87235%$10,345,3591%$110,020,57786%
2016$21,187,544102%$10,218,8746%$59,134,43062%
2015$10,481,4744%$9,632,1256%$36,505,1851%
2014$10,036,4365%$9,117,0889%$36,917,0692%
2013$9,518,5112%$8,333,0531%$37,532,8424%
2012$9,368,2675%$8,225,056$39,060,7281%
2011$8,910,669$8,227,445$39,282,677

Frequently Asked Questions

What does Morselife Housing Corporation Inc do?

Morselife Housing Corporation Inc is a human services nonprofit organization based in Florida. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morselife Housing Corporation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Morselife Housing Corporation Inc has a score of 42/100 (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 Morselife Housing Corporation Inc generate?

Morselife Housing Corporation Inc reports $30.6M in annual revenue and holds $158.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Florida.