Purple Heart Homes Inc
Statesville, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,196,414↑19% | $7,467,186↑21% | $4,146,453↓11% | |
| 2022 | $6,025,415↑29% | $6,195,531↑40% | $4,674,096↑2% | — |
| 2021 | $4,659,786↑54% | $4,420,304↑43% | $4,564,055↓3% | — |
| 2020 | $3,033,526↓31% | $3,097,062↓6% | $4,726,749↑1% | — |
| 2019 | $4,379,281↑35% | $3,278,288↑2% | $4,668,546↑36% | — |
| 2018 | $3,244,923↑49% | $3,204,715↑34% | $3,425,932↓1% | — |
| 2017 | $2,178,504↑22% | $2,392,676↑13% | $3,449,609↑5% | — |
| 2016 | $1,782,779↓20% | $2,124,675↑8% | $3,274,726 | — |
| 2015 | $2,217,818↑3% | $1,971,261↑4% | $3,287,669↑10% | — |
| 2014 | $2,148,682↓31% | $1,901,781↑48% | $2,981,469↑9% | — |
| 2013 | $3,094,155↑91% | $1,286,037↑39% | $2,738,937↑219% | — |
| 2012 | $1,623,863↑305% | $923,014↑226% | $857,563↑451% | — |
| 2011 | $400,963 | $283,185 | $155,583 | — |
Frequently Asked Questions
What does Purple Heart Homes Inc do?▼
Purple Heart Homes Inc is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Purple Heart Homes Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Purple Heart Homes Inc has a score of 74/100 (Grade: B+). 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 Purple Heart Homes Inc generate?▼
Purple Heart Homes Inc reports $12.5M in annual revenue and holds $7.6M in total assets, based on IRS filings.
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