Hearts For Homes Inc
Mount Clemens, Michigan
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$96K
Total Revenue
📊
$177K
Total Expenses
🏦
$58K
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-59.2%
Year-over-year change (2022 → 2023)
Net Margin
-84.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $96,226↓59% | $177,420↑37% | $59,016↓58% | — |
| 2022 | $235,982↑198% | $129,450↑65% | $140,091↑322% | — |
| 2021 | $79,187↑7% | $78,228↑59% | $33,223↓8% | — |
| 2020 | $73,874↑72% | $49,205↑14% | $36,215↑453% | — |
| 2019 | $42,859↓3% | $42,986↓21% | $6,543↓2% | — |
| 2018 | $44,158↓2% | $54,611↑36% | $6,670↓71% | — |
| 2017 | $45,223 | $40,022 | $22,702 | — |
Frequently Asked Questions
What does Hearts For Homes Inc do?▼
Hearts For Homes Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hearts For Homes Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hearts For Homes Inc.
How much revenue does Hearts For Homes Inc generate?▼
Hearts For Homes Inc reports $131K in annual revenue and holds $37K in total assets, based on IRS filings.
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