Bethany Housing Ministries Inc
Muskegon, Michigan
B-Health Score
49B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$1.3M
Total Revenue
๐
$1.5M
Total Expenses
๐ฆ
$1.7M
Net Assets
๐
$1.3M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-89.5%
Year-over-year change (2022 โ 2023)
Net Margin
-13.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.15
Net assets divided by total expenses
Liabilities-to-Assets
42.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,301,182โ89% | $1,475,397โ88% | $2,975,764โ25% | โ |
| 2022 | $12,343,261โ26% | $12,756,957โ17% | $3,945,806โ3% | โ |
| 2021 | $16,635,219โ349% | $15,285,702โ372% | $4,087,536โ50% | โ |
| 2020 | $3,701,869โ132% | $3,236,952โ138% | $2,726,429โ22% | โ |
| 2019 | $1,598,448โ13% | $1,360,904โ6% | $2,238,571โ15% | โ |
| 2018 | $1,415,462โ25% | $1,283,706โ13% | $1,950,442โ3% | โ |
| 2017 | $1,136,787โ5% | $1,136,263โ22% | $1,896,376โ4% | โ |
| 2016 | $1,084,779โ7% | $929,034โ5% | $1,825,684โ9% | โ |
| 2015 | $1,012,491โ27% | $880,659โ41% | $1,673,054โ5% | โ |
| 2014 | $798,048โ17% | $622,559โ15% | $1,592,666โ19% | โ |
| 2013 | $681,793โ10% | $729,316โ8% | $1,338,436โ2% | โ |
| 2012 | $754,168โ29% | $675,982โ7% | $1,370,866โ7% | โ |
| 2011 | $585,326 | $634,337 | $1,283,289 | โ |
Frequently Asked Questions
What does Bethany Housing Ministries Inc do?โผ
Bethany Housing Ministries Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Bethany Housing Ministries Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Bethany Housing Ministries Inc.
How much revenue does Bethany Housing Ministries Inc generate?โผ
Bethany Housing Ministries Inc reports $326K in annual revenue and holds $2.3M in total assets, based on IRS filings.
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