Charity Search / NICHOLS VILLAGE INC
Housing & Shelter (L22) 990 on File

NICHOLS VILLAGE INC

EIN: 04-3578370 · GROVELAND, MA 01834-0061 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$7.0M
Total Revenue
$7.4M
Total Expenses
$7.2M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.6%
Fundraising Efficiency N/A
Operating Reserve 11.54x
Liability-to-Asset 84.1%
Revenue Diversification 24.0%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.6% 87.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
11.5 mo 12.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
84.1% 39.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
24.0% 89.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
2.0% 6.4%
P10P90
Expense growth
Year over year expense growth
-2.5% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-5.8% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.0M $7.4M $7.2M 78.6%
2023 $6.9M $7.6M $7.6M 79.8%
2022 $6.2M $6.8M $8.3M 77.7%
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Organization Details
EIN
04-3578370
State
MA
City
GROVELAND
ZIP
01834-0061
Classification
L22
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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