LHousing & ShelterEIN: 311057335· Ruling Year: 1983

Homestead Resources

Lafayette, Indiana

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$660K
Total Revenue
📊
$785K
Total Expenses
🏦
$3.1M
Net Assets
📋
$571K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-38.2%
Year-over-year change (2022 → 2023)
Net Margin
-18.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.92
Net assets divided by total expenses
Liabilities-to-Assets
15.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$660,06938%$784,75315%$3,649,1569%
2022$1,067,99510%$918,2483%$3,338,7294%
2021$1,182,631210%$895,469130%$3,200,8838%
2020$380,9075%$388,6791%$2,964,9353%
2019$398,89736%$393,3851%$2,879,3521%
2018$621,73426%$388,34813%$2,853,8988%
2017$844,35613%$446,60030%$2,650,67618%
2016$746,899127%$344,28324%$2,242,67922%
2015$328,8763%$277,8823%$1,843,9564%
2014$338,6799%$287,16010%$1,770,7823%
2013$311,4849%$260,63816%$1,714,6701%
2012$340,5123%$311,6297%$1,738,7066%
2011$350,534$333,777$1,641,561

Frequently Asked Questions

What does Homestead Resources do?

Homestead Resources is a housing & shelter nonprofit organization based in Indiana. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homestead Resources financially healthy?

Based on our 9-metric Financial Health Score model, Homestead Resources has a score of 65/100 (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 Homestead Resources generate?

Homestead Resources reports $1.9M in annual revenue and holds $4.2M in total assets, based on IRS filings.

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