P — Human ServicesEIN: 382128564· Ruling Year: 1978

Heritage Homes Inc

Holland, Michigan

A-Health Score
82A-

Financial Health Score

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

Very Good

💰
$4.6M
Total Revenue
📊
$4.3M
Total Expenses
🏦
$3.0M
Net Assets
📋
$440K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.2%
Year-over-year change (2022 → 2023)
Net Margin
+5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
12.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,575,935↑16%$4,315,406↑11%$3,450,712↑5%
2022$3,936,868↑5%$3,882,996↑23%$3,291,987↑1%
2021$3,761,739↑41%$3,155,969↑6%$3,250,379↑2%
2020$2,661,265↓15%$2,985,041↓4%$3,202,333↑6%
2019$3,120,116↓17%$3,114,759↓11%$3,011,675↓1%
2018$3,758,450↓4%$3,507,362↓5%$3,027,031↑2%
2017$3,902,300↑1%$3,711,053↓5%$2,953,399↓48%
2016$3,876,721↑11%$3,919,631↑11%$5,634,612↑102%
2015$3,506,816↓7%$3,531,181↓6%$2,783,617
2014$3,759,709↑7%$3,750,342↑8%$2,784,744↓1%
2013$3,528,547↑2%$3,477,053↑1%$2,803,331↑1%
2012$3,443,023$3,452,512$2,775,189↓4%
2011$3,459,214$3,451,815$2,888,490

Frequently Asked Questions

What does Heritage Homes Inc do?▼

Heritage Homes Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Homes Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Heritage Homes Inc has a score of 82/100 (Grade: A-). 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 Heritage Homes Inc generate?▼

Heritage Homes Inc reports $4.6M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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