Faith Haven Incorporated
Duluth, Minnesota
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$1.1M
Total Revenue
๐
$995K
Total Expenses
๐ฆ
$1.8M
Net Assets
๐
$414K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+22.1%
Year-over-year change (2022 โ 2023)
Net Margin
+5.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.76
Net assets divided by total expenses
Liabilities-to-Assets
19.1%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,051,474โ22% | $995,372โ13% | $2,165,615โ2% | |
| 2022 | $861,128โ13% | $882,542โ22% | $2,125,478โ3% | โ |
| 2021 | $988,007โ17% | $721,664โ7% | $2,180,543โ12% | โ |
| 2020 | $841,569โ4% | $776,909โ23% | $1,948,617โ5% | โ |
| 2019 | $808,579โ9% | $630,629โ10% | $1,847,142โ43% | โ |
| 2018 | $739,755โ5% | $699,282โ8% | $1,293,397โ2% | โ |
| 2017 | $707,741โ2% | $650,213โ5% | $1,262,158โ4% | โ |
| 2016 | $697,188 | $617,846โ2% | $1,215,057โ7% | โ |
| 2015 | $697,325โ2% | $633,352 | $1,139,125โ7% | โ |
| 2014 | $686,835โ1% | $633,132โ6% | $1,069,593โ5% | โ |
| 2013 | $683,073โ15% | $595,454โ4% | $1,023,039โ3% | โ |
| 2012 | $801,448 | $571,344 | $1,053,523 | โ |
Frequently Asked Questions
What does Faith Haven Incorporated do?โผ
Faith Haven Incorporated is a housing & shelter nonprofit organization based in Minnesota. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Faith Haven Incorporated financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Faith Haven Incorporated.
How much revenue does Faith Haven Incorporated generate?โผ
Faith Haven Incorporated reports $1.4M in annual revenue and holds $2.6M in total assets, based on IRS filings.
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