Family Promise Of Grand Rapids
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,227,206↑3% | $6,127,018↑4% | $12,040,722↑115% | |
| 2022 | $8,020,589↑49% | $5,903,559↑11% | $5,594,471↑61% | — |
| 2021 | $5,399,500↓3% | $5,313,373↑26% | $3,472,871↓7% | — |
| 2020 | $5,540,917↑110% | $4,207,422↑56% | $3,731,982↑85% | — |
| 2019 | $2,637,955↑32% | $2,703,530↑30% | $2,017,656↓3% | — |
| 2018 | $2,004,624↑18% | $2,084,942↑18% | $2,069,872↓3% | — |
| 2017 | $1,704,239↑29% | $1,762,456↑17% | $2,126,941↓11% | — |
| 2016 | $1,323,023↓56% | $1,502,017↑48% | $2,386,766↓20% | — |
| 2015 | $2,992,576↑261% | $1,015,473↑50% | $2,971,465↑713% | — |
| 2014 | $829,309↑63% | $677,283↑48% | $365,286↑82% | — |
| 2013 | $509,803↑3% | $456,571↓3% | $200,251↑37% | — |
| 2012 | $492,615↑3% | $472,380↓9% | $146,130↑3% | — |
| 2011 | $479,800 | $517,846 | $141,716 | — |
Frequently Asked Questions
What does Family Promise Of Grand Rapids do?▼
Family Promise Of Grand Rapids is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Family Promise Of Grand Rapids financially healthy?▼
Based on our 9-metric Financial Health Score model, Family Promise Of Grand Rapids has a score of 80/100 (Grade: A-). 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 Family Promise Of Grand Rapids generate?▼
Family Promise Of Grand Rapids reports $5.3M in annual revenue and holds $11.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Michigan.