Health Initiative Inc
Attleboro, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,787,773↑91% | $3,324,381↑29% | $15,212,210↑49% | — |
| 2022 | $4,085,506↑64% | $2,584,991↑3% | $10,190,254↑18% | — |
| 2021 | $2,489,772↓76% | $2,505,155↓12% | $8,647,089↓3% | — |
| 2020 | $10,363,424↑268% | $2,846,839↑30% | $8,951,484↑659% | — |
| 2019 | $2,817,429↑270% | $2,197,842↑310% | $1,178,656↑425% | — |
| 2018 | $760,802 | $536,410 | $224,392 | — |
Frequently Asked Questions
What does Health Initiative Inc do?▼
Health Initiative Inc is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Health Initiative Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Health Initiative Inc has a score of 81/100 (Grade: A-). 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 Initiative Inc generate?▼
Health Initiative Inc reports $6.6M in annual revenue and holds $18.2M in total assets, based on IRS filings.
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