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
๐ฐ
$490K
Total Revenue
๐
$395K
Total Expenses
๐ฆ
$610K
Net Assets
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$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| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $489,777โ5% | $394,695โ44% | $997,038โ10% | โ |
| 2022 | $516,191โ39% | $274,555โ179% | $909,928โ233% | โ |
| 2021 | $371,428 | $98,365 | $273,063 | โ |
Frequently Asked Questions
What does Homes Giving Hope Inc do?โผ
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?โผ
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?โผ
Homes Giving Hope Inc reports $492K in annual revenue and holds $1.3M in total assets, based on IRS filings.
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