Omega House Inc
Houghton, Michigan
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$946K
Total Revenue
๐
$866K
Total Expenses
๐ฆ
$5.6M
Net Assets
๐
$40K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-20.2%
Year-over-year change (2022 โ 2023)
Net Margin
+8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.42
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $945,658โ20% | $865,985โ7% | $5,597,686โ14% | |
| 2022 | $1,185,211โ20% | $807,501โ15% | $4,911,082โ8% | โ |
| 2021 | $990,296โ38% | $699,346โ26% | $5,356,048โ15% | โ |
| 2020 | $716,276โ2% | $554,967โ2% | $4,665,401โ13% | โ |
| 2019 | $732,668โ64% | $563,480โ8% | $4,142,118โ18% | โ |
| 2018 | $2,049,849โ199% | $521,650โ9% | $3,500,754โ58% | โ |
| 2017 | $685,705โ17% | $478,290โ1% | $2,218,391โ17% | โ |
| 2016 | $587,190โ50% | $472,942โ8% | $1,890,711โ8% | โ |
| 2015 | $390,427โ28% | $437,643โ11% | $1,744,343โ5% | โ |
| 2014 | $539,496โ27% | $394,889โ5% | $1,838,890โ10% | โ |
| 2013 | $743,703โ91% | $374,387โ10% | $1,678,688โ37% | โ |
| 2012 | $389,462โ3% | $339,246โ6% | $1,228,881โ5% | โ |
| 2011 | $379,028 | $360,578 | $1,168,861 | โ |
Frequently Asked Questions
What does Omega House Inc do?โผ
Omega House Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P74 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Omega House Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Omega House Inc.
How much revenue does Omega House Inc generate?โผ
Omega House Inc reports $1.1M in annual revenue and holds $6.3M in total assets, based on IRS filings.
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