LHousing & ShelterEIN: 943028685· Ruling Year: 1987

Open House Ministries Inc

Vancouver, Washington

AHealth Score
85A

Financial Health Score

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

Excellent

💰
$7.0M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$19.6M
Net Assets
📋
$788K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.8%
Year-over-year change (2022 → 2023)
Net Margin
+62.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.40
Net assets divided by total expenses
Liabilities-to-Assets
3.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,004,03910%$2,644,00419%$20,343,81335%
2022$7,762,563166%$2,219,93611%$15,062,63553%
2021$2,918,02120%$1,996,7796%$9,841,64211%
2020$3,630,61035%$1,886,9361%$8,856,66128%
2019$2,691,91215%$1,859,10315%$6,945,429
2018$3,171,31620%$1,617,3672%$6,968,653164%
2017$2,643,30678%$1,592,83118%$2,638,00331%
2016$1,482,54010%$1,350,9314%$3,797,7184%
2015$1,646,43522%$1,296,468$3,666,07910%
2014$1,349,83331%$1,300,3846%$3,318,4612%
2013$1,027,13456%$1,226,80115%$3,256,0706%
2012$2,322,577146%$1,068,8626%$3,453,20157%
2011$945,741$1,011,486$2,203,529

Frequently Asked Questions

What does Open House Ministries Inc do?

Open House Ministries Inc is a housing & shelter nonprofit organization based in Washington. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Open House Ministries Inc financially healthy?

Based on our 9-metric Financial Health Score model, Open House Ministries Inc has a score of 85/100 (Grade: A). 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 Open House Ministries Inc generate?

Open House Ministries Inc reports $6.2M in annual revenue and holds $26.9M in total assets, based on IRS filings.

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