Heart Of West Michigan United Way
Grand Rapids, Michigan
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 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $13,229,039↓36% | $13,228,065↓30% | $33,875,774↑12% | — |
| 2023 | $20,712,477↓64% | $18,962,532↓66% | $30,271,756↓11% | — |
| 2022 | $56,856,308↑134% | $56,484,183↑155% | $33,929,267↓11% | — |
| 2021 | $24,283,478↑68% | $22,152,179↑43% | $38,146,570↑39% | — |
| 2020 | $14,475,974↑3% | $15,538,170↑19% | $27,392,116↓5% | — |
| 2019 | $14,097,246↓7% | $13,107,584↓1% | $28,810,446↑6% | — |
| 2018 | $15,228,330↑6% | $13,190,092↑1% | $27,207,254↑7% | — |
| 2017 | $14,330,651↑7% | $13,016,787↓2% | $25,408,902↑5% | — |
| 2016 | $13,426,218↓3% | $13,255,777↓5% | $24,148,538↓8% | — |
| 2015 | $13,772,549↓9% | $13,902,062↓8% | $26,267,199↓4% | — |
| 2014 | $15,073,232↓2% | $15,126,015↓6% | $27,373,064↓7% | — |
| 2013 | $15,415,349↓12% | $16,089,456↑3% | $29,458,632↓5% | — |
| 2012 | $17,607,381↑18% | $15,570,134↓1% | $30,944,389↑20% | — |
| 2011 | $14,928,226 | $15,760,451 | $25,810,562 | — |
Frequently Asked Questions
What does Heart Of West Michigan United Way do?▼
Heart Of West Michigan United Way is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heart Of West Michigan United Way financially healthy?▼
Based on our 9-metric Financial Health Score model, Heart Of West Michigan United Way 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 Heart Of West Michigan United Way generate?▼
Heart Of West Michigan United Way reports $12.9M in annual revenue and holds $33.7M in total assets, based on IRS filings.
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