Life Outreach Center
Hancock, Michigan
B-Health Score
45B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$93K
Total Revenue
๐
$115K
Total Expenses
๐ฆ
$141K
Net Assets
๐
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-21.8%
Year-over-year change (2022 โ 2023)
Net Margin
-23.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $92,557โ22% | $114,557โ12% | $143,288โ15% | โ |
| 2022 | $118,415โ26% | $102,284โ45% | $167,693โ12% | โ |
| 2021 | $159,400โ86% | $70,467โ11% | $149,823โ149% | โ |
| 2020 | $85,724โ38% | $63,606โ31% | $60,070โ61% | โ |
| 2019 | $61,923โ60% | $48,523โ31% | $37,413โ60% | โ |
| 2018 | $38,660โ13% | $36,982โ15% | $23,361โ7% | โ |
| 2017 | $44,688โ74% | $43,383โ14% | $21,803โ6% | โ |
| 2016 | $25,623โ27% | $38,018โ28% | $20,504โ38% | โ |
| 2015 | $35,267โ14% | $52,811โ11% | $32,844โ36% | โ |
| 2014 | $41,196โ10% | $47,701โ14% | $50,993โ11% | โ |
| 2013 | $45,570โ2% | $41,911โ27% | $57,438โ9% | โ |
| 2012 | $44,584โ207% | $32,976โ201% | $52,630โ21% | โ |
| 2011 | $14,520โ70% | $10,969โ67% | $43,668โ25% | โ |
| 2010 | $48,187โ111% | $33,297โ3% | $34,876โ190% | โ |
| 2008 | $22,847 | $32,458 | $12,008 | โ |
Frequently Asked Questions
What does Life Outreach Center do?โผ
Life Outreach Center is a health care nonprofit organization based in Michigan. It is classified under NTEE code E60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Life Outreach Center financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Life Outreach Center.
How much revenue does Life Outreach Center generate?โผ
Life Outreach Center reports $101K in annual revenue and holds $131K in total assets, based on IRS filings.
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