L โ€” Housing & ShelterEIN: 900876777ยท Ruling Year: 2020

Homes Giving Hope Inc

Rockford, Michigan

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$490K
Total Revenue
๐Ÿ“Š
$395K
Total Expenses
๐Ÿฆ
$610K
Net Assets
๐Ÿ“‹
$387K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+19.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.54
Net assets divided by total expenses
Liabilities-to-Assets
38.8%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$489,777โ†“5%$394,695โ†‘44%$997,038โ†‘10%
2022$516,191โ†‘39%$274,555โ†‘179%$909,928โ†‘233%
2021$371,428$98,365$273,063

Frequently Asked Questions

What does Homes Giving Hope Inc do?โ–ผ

Homes Giving Hope Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homes Giving Hope Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Homes Giving Hope Inc.

How much revenue does Homes Giving Hope Inc generate?โ–ผ

Homes Giving Hope Inc reports $492K in annual revenue and holds $1.3M in total assets, based on IRS filings.

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Homes Giving Hope Inc โ€” Rockford, MI | GiveScope