Care Resources
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $33,864,214↑14% | $33,063,318↑20% | $12,793,783↓2% | |
| 2022 | $29,643,399↑27% | $27,559,550↑21% | $13,057,362↑42% | — |
| 2021 | $23,421,679↑11% | $22,852,164↑19% | $9,165,160↑6% | — |
| 2020 | $21,046,345↑20% | $19,207,268↑10% | $8,630,711↑33% | — |
| 2019 | $17,487,399↑4% | $17,394,843 | $6,509,383↑34% | — |
| 2018 | $16,832,191↑1% | $17,425,147↑5% | $4,859,868↓10% | — |
| 2017 | $16,594,749↑10% | $16,622,459↑7% | $5,387,287↑3% | — |
| 2016 | $15,052,617↑6% | $15,506,573↑6% | $5,244,847↓4% | — |
| 2015 | $14,209,569↑4% | $14,697,006↑12% | $5,456,254↓16% | — |
| 2014 | $13,676,228↓1% | $13,113,012↑2% | $6,477,931↓12% | — |
| 2013 | $13,763,398↓1% | $12,870,101↓5% | $7,336,488↑23% | — |
| 2012 | $13,916,760 | $13,561,770↑5% | $5,985,625↑7% | — |
| 2011 | $13,946,695 | $12,963,999 | $5,607,876 | — |
Frequently Asked Questions
What does Care Resources do?▼
Care Resources is a health care nonprofit organization based in Michigan. It is classified under NTEE code E99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Care Resources financially healthy?▼
Based on our 9-metric Financial Health Score model, Care Resources has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Care Resources generate?▼
Care Resources reports $39.7M in annual revenue and holds $17.5M in total assets, based on IRS filings.
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