Hopes Outlet Ministries Inc
Muskegon, Michigan
A-Health Score
76A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.7M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$397K
Net Assets
📋
$153K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+10.4%
Year-over-year change (2021 → 2022)
Net Margin
+9.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
27.8%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $1,672,678↑10% | $1,514,403↑8% | $549,404↑40% | |
| 2021 | $1,514,646↑17% | $1,403,168↑15% | $391,217↑190% | — |
| 2020 | $1,290,426↑6% | $1,221,627↓1% | $134,692↑79% | — |
| 2019 | $1,222,665↑5% | $1,239,970↑7% | $75,372↓16% | — |
| 2018 | $1,165,058↑11% | $1,162,899↑16% | $89,592↑4% | — |
| 2017 | $1,049,251↑18% | $998,803↑11% | $86,105↑131% | — |
| 2016 | $886,990↑10% | $899,166↑13% | $37,309↓18% | — |
| 2015 | $807,710↓5% | $792,828↓6% | $45,489↑46% | — |
| 2014 | $846,552↑1% | $846,310↓1% | $31,187↑2% | — |
| 2013 | $839,635 | $853,770↓1% | $30,559↓32% | — |
| 2012 | $843,099↑14% | $858,193↑22% | $45,221↓32% | — |
| 2011 | $740,060 | $705,518 | $66,786 | — |
Frequently Asked Questions
What does Hopes Outlet Ministries Inc do?▼
Hopes Outlet Ministries Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hopes Outlet Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hopes Outlet Ministries Inc.
How much revenue does Hopes Outlet Ministries Inc generate?▼
Hopes Outlet Ministries Inc reports $1.8M in annual revenue and holds $427K in total assets, based on IRS filings.
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