Claras Hope
Fenton, 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
💰
$289K
Total Revenue
📊
$262K
Total Expenses
🏦
$275K
Net Assets
📋
$120K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-13.4%
Year-over-year change (2022 → 2023)
Net Margin
+9.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.05
Net assets divided by total expenses
Liabilities-to-Assets
30.4%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $288,943↓13% | $261,950↓12% | $394,785↑59% | — |
| 2022 | $333,691↑52% | $296,614↑73% | $247,959↑18% | — |
| 2021 | $219,609↑3% | $171,563↑245% | $210,882↑30% | — |
| 2020 | $212,599 | $49,763 | $162,836 | — |
Frequently Asked Questions
What does Claras Hope do?▼
Claras Hope 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 Claras Hope financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Claras Hope.
How much revenue does Claras Hope generate?▼
Claras Hope reports $372K in annual revenue and holds $387K in total assets, based on IRS filings.
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