PHuman ServicesEIN: 261540182· Ruling Year: 2008

Northern Homecare Services

Escanaba, Michigan

A-Health Score
77A-

Financial Health Score

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

Very Good

💰
$8.4M
Total Revenue
📊
$7.3M
Total Expenses
🏦
$7.8M
Net Assets
📋
$515K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.8%
Year-over-year change (2022 → 2023)
Net Margin
+13.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,382,1407%$7,272,1104%$8,309,81016%
2022$7,851,007$7,004,9131%$7,163,17513%
2021$7,857,48032%$6,955,67137%$6,311,40918%
2020$5,957,4195%$5,071,9015%$5,356,47322%
2019$5,661,2016%$4,822,9793%$4,390,02424%
2018$5,362,15212%$4,666,69512%$3,537,90547%
2017$4,777,36918%$4,180,19416%$2,402,70736%
2016$4,042,60027%$3,603,00526%$1,766,85137%
2015$3,189,09114%$2,852,83715%$1,290,65349%
2014$2,804,5571%$2,473,41313%$869,0679%
2013$2,768,06824%$2,854,99945%$951,25162%
2012$2,231,03651%$1,965,55550%$588,83971%
2011$1,475,777$1,308,797$344,384

Frequently Asked Questions

What does Northern Homecare Services do?

Northern Homecare Services is a human services nonprofit organization based in Michigan. It is classified under NTEE code P70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northern Homecare Services financially healthy?

Based on our 9-metric Financial Health Score model, Northern Homecare Services has a score of 77/100 (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 Northern Homecare Services generate?

Northern Homecare Services reports $9.2M in annual revenue and holds $9.5M in total assets, based on IRS filings.

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