P โ€” Human ServicesEIN: 382442660ยท Ruling Year: 1983

Community Homes

Royal Oak, Michigan

B+Health Score
70B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.3M
Total Revenue
๐Ÿ“Š
$4.4M
Total Expenses
๐Ÿฆ
$3.9M
Net Assets
๐Ÿ“‹
$305K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.88
Net assets divided by total expenses
Liabilities-to-Assets
7.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,266,275โ†“15%$4,404,829โ†‘1%$4,180,685โ†“1%
2022$5,030,125โ†‘11%$4,341,969$4,220,560โ†‘1%
2021$4,529,138โ†‘1%$4,333,213$4,164,838โ†“5%
2020$4,471,729โ†‘7%$4,339,093โ†‘5%$4,392,735โ†‘31%
2019$4,177,113โ†‘3%$4,129,187โ†“2%$3,360,364โ†‘3%
2018$4,050,427โ†‘5%$4,216,862โ†‘10%$3,262,155โ†“5%
2017$3,873,445โ†“2%$3,834,184โ†“2%$3,429,884
2016$3,956,237โ†“3%$3,923,224โ†“4%$3,428,686โ†‘1%
2015$4,090,902โ†“2%$4,067,717$3,394,146โ†“2%
2014$4,157,141โ†‘4%$4,062,603โ†‘8%$3,455,187โ†‘2%
2013$3,988,991โ†‘12%$3,752,788โ†‘12%$3,371,429โ†‘20%
2012$3,559,311โ†‘11%$3,338,822โ†‘8%$2,803,033โ†‘11%
2011$3,195,401$3,085,234$2,524,801

Frequently Asked Questions

What does Community Homes do?โ–ผ

Community Homes is a human services nonprofit organization based in Michigan. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Homes financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Community Homes has a score of 70/100 (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 Community Homes generate?โ–ผ

Community Homes reports $4.5M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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Community Homes โ€” Royal Oak, MI | GiveScope