Open Hands Food Pantry
Royal Oak, Michigan
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$171K
Total Revenue
📊
$157K
Total Expenses
🏦
$320K
Net Assets
📋
$16K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+8.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.03
Net assets divided by total expenses
Liabilities-to-Assets
4.9%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $170,623↑8% | $157,313↓12% | $335,939↑7% | — |
| 2022 | $158,009↓29% | $178,831↑59% | $315,281↓6% | — |
| 2021 | $221,861↓12% | $112,510↑1% | $336,677↑55% | — |
| 2020 | $253,555↑426% | $111,238↑78% | $217,888↑191% | — |
| 2019 | $48,247↓47% | $62,512 | $74,882↓14% | — |
| 2018 | $90,781↑46% | $62,282↓30% | $87,510↑48% | — |
| 2017 | $62,010↓31% | $89,183↑16% | $59,011↓32% | — |
| 2016 | $89,512 | $76,663↑10% | $86,184↑18% | — |
| 2015 | $89,129 | $69,768 | $73,335 | — |
Frequently Asked Questions
What does Open Hands Food Pantry do?▼
Open Hands Food Pantry is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Open Hands Food Pantry financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Open Hands Food Pantry.
How much revenue does Open Hands Food Pantry generate?▼
Open Hands Food Pantry reports $140K in annual revenue and holds $300K in total assets, based on IRS filings.
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