H โ€” Medical ResearchEIN: 383384372ยท Ruling Year: 1998

Porter Hills Home Health West

Grand Rapids, Michigan

FHealth Score
22F

Financial Health Score

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

Critical

๐Ÿ’ฐ
$3.1M
Total Revenue
๐Ÿ“Š
$4.0M
Total Expenses
๐Ÿฆ
-$6.8M
Net Assets
๐Ÿ“‹
$7.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-27.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.71
Net assets divided by total expenses
Liabilities-to-Assets
1259.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,120,517โ†“7%$3,982,527โ†“5%$588,338โ†‘4%
2022$3,337,485โ†“3%$4,197,261โ†‘6%$563,158โ†“12%
2021$3,427,551โ†“8%$3,946,952โ†“8%$637,150โ†‘43%
2020$3,721,685โ†“2%$4,272,568โ†‘5%$445,278โ†“5%
2019$3,812,990โ†‘3%$4,076,040โ†“7%$470,364โ†“20%
2018$3,719,927โ†“29%$4,388,263โ†“30%$587,286โ†“53%
2017$5,263,744โ†“6%$6,295,411โ†‘1%$1,244,799โ†‘5%
2016$5,602,768โ†‘14%$6,260,037โ†‘21%$1,187,032โ†“4%
2015$4,929,250โ†‘12%$5,180,046โ†‘8%$1,237,378โ†‘11%
2014$4,395,627โ†“7%$4,811,924โ†‘8%$1,118,978โ†‘12%
2013$4,728,756โ†‘15%$4,457,253โ†‘10%$996,815โ†‘25%
2012$4,108,398โ†“49%$4,061,574โ†“54%$799,684โ†“34%
2011$8,014,611$8,763,772$1,205,287

Frequently Asked Questions

What does Porter Hills Home Health West do?โ–ผ

Porter Hills Home Health West is a medical research nonprofit organization based in Michigan. It is classified under NTEE code H20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Porter Hills Home Health West financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Porter Hills Home Health West has a score of 22/100 (Grade: F). 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 Porter Hills Home Health West generate?โ–ผ

Porter Hills Home Health West reports $3.1M in annual revenue and holds $731K in total assets, based on IRS filings.

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Porter Hills Home Health West โ€” Grand Rapids, MI | GiveScope