EHealth CareEIN: 472115941· Ruling Year: 2015

Harbor Hospice Foundation

Muskegon, Michigan

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org24.78×
Peer Median29.34×
💰
$750K
Total Revenue
📊
$655K
Total Expenses
🏦
$16.2M
Net Assets
📋
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
+12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
24.78
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$750,3272%$655,3858%$16,250,8922%
2022$732,44740%$607,52834%$15,857,2814%
2021$1,219,52972%$454,4207%$16,596,98410%
2020$708,98358%$425,8777%$15,136,7056%
2019$1,705,95047%$397,36712%$14,314,51826%
2018$1,162,88773%$450,9816%$11,354,9366%
2017$4,385,41692%$423,922639%$10,680,79622%
2016$2,283,6781574850%$57,3704100%$8,741,07534641%
2015$145$1,366$25,161

Frequently Asked Questions

What does Harbor Hospice Foundation do?

Harbor Hospice Foundation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harbor Hospice Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Harbor Hospice Foundation has a score of 61/100 (Grade: B). 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 Harbor Hospice Foundation generate?

Harbor Hospice Foundation reports $2.0M in annual revenue and holds $18.2M in total assets, based on IRS filings.

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Harbor Hospice Foundation — Muskegon, MI | GiveScope