L โ€” Housing & ShelterEIN: 383245099ยท Ruling Year: 1996

Housing Services Mid Michigan

Charlotte, Michigan

B-Health Score
53B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$4.7M
Total Revenue
๐Ÿ“Š
$5.6M
Total Expenses
๐Ÿฆ
$854K
Net Assets
๐Ÿ“‹
$218K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-67.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-18.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
20.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,700,244โ†“67%$5,575,333โ†“62%$1,071,876โ†“47%
2022$14,437,193โ†‘192%$14,498,319โ†‘196%$2,013,469โ†“4%
2021$4,940,122โ†‘107%$4,891,065โ†‘104%$2,100,811โ†‘104%
2020$2,391,950โ†‘18%$2,396,807โ†‘24%$1,029,216โ†‘25%
2019$2,023,494โ†‘11%$1,932,344โ†‘6%$822,544โ†‘15%
2018$1,829,366โ†“4%$1,822,018โ†“4%$716,847โ†‘8%
2017$1,907,117โ†‘14%$1,888,949โ†‘15%$664,467โ†“5%
2016$1,671,091$1,647,275$697,061โ†“5%
2015$1,670,946โ†“3%$1,655,390โ†“1%$736,427โ†“2%
2014$1,723,016โ†‘9%$1,679,701โ†‘7%$753,273โ†‘28%
2013$1,582,529โ†‘5%$1,568,516โ†‘6%$587,068โ†‘18%
2012$1,501,488โ†“6%$1,483,643โ†“8%$499,528โ†‘5%
2011$1,600,864$1,619,990$477,785

Frequently Asked Questions

What does Housing Services Mid Michigan do?โ–ผ

Housing Services Mid Michigan is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Services Mid Michigan financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Housing Services Mid Michigan has a score of 53/100 (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 Services Mid Michigan generate?โ–ผ

Housing Services Mid Michigan reports $3.8M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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Housing Services Mid Michigan โ€” Charlotte, MI | GiveScope