Housing Resources Inc
Kalamazoo, 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 22 peers in Unclassified with $1M-$10M 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 | $4,067,336↓84% | $4,637,598↓82% | $8,117,936↓25% | — |
| 2022 | $25,943,577↓8% | $25,928,274↓6% | $10,872,162↓2% | — |
| 2021 | $28,113,535↑396% | $27,588,523↑424% | $11,093,824↑50% | — |
| 2020 | $5,667,348↑60% | $5,266,991↑27% | $7,409,707↑16% | — |
| 2019 | $3,537,029↑5% | $4,141,077↑23% | $6,379,000↓6% | — |
| 2018 | $3,380,431↓7% | $3,373,089↑3% | $6,800,802↓1% | — |
| 2017 | $3,628,213↑21% | $3,288,654↑18% | $6,889,095↑6% | — |
| 2016 | $3,004,680↑3% | $2,779,288↓4% | $6,479,254↑4% | — |
| 2015 | $2,914,650↓6% | $2,910,137 | $6,220,284↓1% | — |
| 2014 | $3,109,508↓21% | $2,897,477↓14% | $6,305,711↑2% | — |
| 2013 | $3,958,110↑7% | $3,363,441↑16% | $6,194,409↑5% | — |
| 2012 | $3,688,702↑25% | $2,896,809↑13% | $5,884,854↑29% | — |
| 2011 | $2,955,909 | $2,566,567 | $4,563,475 | — |
Frequently Asked Questions
What does Housing Resources Inc do?▼
Housing Resources Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Housing Resources Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Housing Resources Inc 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 Housing Resources Inc generate?▼
Housing Resources Inc reports $2.9M in annual revenue and holds $8.9M in total assets, based on IRS filings.
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