L โ€” Housing & ShelterEIN: 237029195ยท Ruling Year: 1969

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

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$995K
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
$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
YearRevenueExpensesAssets
2023$1,051,474โ†‘22%$995,372โ†‘13%$2,165,615โ†‘2%
2022$861,128โ†“13%$882,542โ†‘22%$2,125,478โ†“3%
2021$988,007โ†‘17%$721,664โ†“7%$2,180,543โ†‘12%
2020$841,569โ†‘4%$776,909โ†‘23%$1,948,617โ†‘5%
2019$808,579โ†‘9%$630,629โ†“10%$1,847,142โ†‘43%
2018$739,755โ†‘5%$699,282โ†‘8%$1,293,397โ†‘2%
2017$707,741โ†‘2%$650,213โ†‘5%$1,262,158โ†‘4%
2016$697,188$617,846โ†“2%$1,215,057โ†‘7%
2015$697,325โ†‘2%$633,352$1,139,125โ†‘7%
2014$686,835โ†‘1%$633,132โ†‘6%$1,069,593โ†‘5%
2013$683,073โ†“15%$595,454โ†‘4%$1,023,039โ†“3%
2012$801,448$571,344$1,053,523

Frequently Asked Questions

What does Faith Haven Incorporated do?โ–ผ

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?โ–ผ

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?โ–ผ

Faith Haven Incorporated reports $1.4M in annual revenue and holds $2.6M in total assets, based on IRS filings.

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Faith Haven Incorporated โ€” Duluth, MN | GiveScope