William B Rice Eventide Home
Only null% goes to programs Thin reserves
William B Rice Eventide Home is a 501(c)(3) organization based in South Weymouth, Massachusetts, registered in 1949, with $13,114,312 in FY2024 revenue. CharityIndex grades it D.
25 Stonehaven Drive, South Weymouth, MA, 02190 EIN 04-2106771 Since 1949
Revenue (FY2024)
$13.1M
▼ 0.4% vs prior year
Health median: $840K
Expenses (FY2024)
$16.2M
Net assets
-$7.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for William B Rice Eventide Home— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For William B Rice Eventide Home: 0 mo reserves · -24% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for William B Rice Eventide Home— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For William B Rice Eventide Home: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 25 Stonehaven Drive, South Weymouth, MA, 02190
- City
- South Weymouth
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Website
- …
Financial trends
Revenue grew from $6.8M (FY2013) to $13.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $91.5MNet assets -$7.2M
Operating margin
-23.6%
Spent more than it raised in the latest fiscal year.
Total assets
$84.3M
Total liabilities
$91.5M
Net assets
-$7.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,114,312▼0.4% | $16,208,334▲8.5% | -$7,230,060▼83.4% | $84,256,830▼3.4% | 990 |
| 2023 | $13,163,388▲3.1% | $14,933,842▲2.3% | -$3,943,281▼79.2% | $87,267,317▼0.3% | 990 |
| 2022 | $12,771,271▲6.7% | $14,600,637▲0.1% | -$2,200,802▼4312% | $87,530,296▲2.1% | 990 |
| 2021 | $11,971,764▲25.1% | $14,590,008▲10.3% | $52,249▼98.1% | $85,714,038▼3.8% | 990 |
| 2020 | $9,570,556▲7.8% | $13,224,795▲26.7% | $2,768,317▼55.5% | $89,102,741▲11.9% | 990 |
| 2019 | $8,878,348▲8.1% | $10,439,914▼7.0% | $6,225,533▼36.8% | $79,600,169▲22.6% | 990 |
| 2018 | $8,213,728▲10.6% | $11,228,235▲3.6% | $9,846,469▼25.0% | $64,947,843▲0.7% | 990 |
| 2017 | $7,427,876▼0.2% | $10,833,541▲32.8% | $13,121,716▼20.1% | $64,525,820▼5.2% | 990 |
| 2016 | $7,445,213▲9.5% | $8,160,033▲9.5% | $16,426,105▼3.2% | $68,081,122▲54.8% | 990 |
| 2015 | $6,799,255▲0.5% | $7,452,366▼2.3% | $16,977,493▼5.8% | $43,994,126▲99.2% | 990 |
| 2014 | $6,766,346▼0.1% | $7,627,307▼0.2% | $18,018,819▼4.9% | $22,087,848▼1.9% | 990 |
| 2013 | $6,772,394 | $7,643,000▲1.8% | $18,954,635▼3.3% | $22,511,889 | 990 |
| 2012 | — | $7,510,032▲13.0% | $19,591,547▼1.5% | $22,518,546▼0.1% | 990 |
| 2011 | — | $6,645,751▲2.9% | $19,893,172▼4.8% | $22,544,776▼6.2% | 990 |
| 2010 | — | $6,455,611 | $20,894,699 | $24,025,400 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is William B Rice Eventide Home a legitimate nonprofit?
- Yes. William B Rice Eventide Home is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2106771, based in South Weymouth, Massachusetts. Donations are tax-deductible.
- What is William B Rice Eventide Home's EIN?
- William B Rice Eventide Home's Employer Identification Number (EIN) is 04-2106771.
- How much revenue does William B Rice Eventide Home report?
- William B Rice Eventide Home reported $13,114,312 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William B Rice Eventide Home have?
- CharityIndex grades William B Rice Eventide Home D, based on financial health (reserves and operating margin).
Explore more
Data for William B Rice Eventide Home (EIN 04-2106771) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.