L โ€” Housing & ShelterEIN: 382313832ยท Ruling Year: 1982

Dwelling Place Of Grand Rapids Nonprofit Housing Corporation

Grand Rapids, Michigan

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$5.9M
Total Revenue
๐Ÿ“Š
$6.4M
Total Expenses
๐Ÿฆ
$48.7M
Net Assets
๐Ÿ“‹
$9.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-8.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.63
Net assets divided by total expenses
Liabilities-to-Assets
16.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,899,773โ†‘7%$6,383,774โ†“3%$58,122,930โ†‘9%
2022$5,507,706โ†“30%$6,600,911โ†‘29%$53,141,426
2021$7,853,634โ†“6%$5,113,880โ†“7%$53,298,449โ†‘6%
2020$8,368,586โ†‘3%$5,512,138โ†‘31%$50,299,812โ†‘5%
2019$8,106,328โ†“3%$4,216,438โ†‘10%$47,856,210โ†‘11%
2018$8,328,887โ†‘25%$3,836,247โ†‘11%$43,183,589โ†‘10%
2017$6,653,291โ†“4%$3,453,200โ†“20%$39,098,234โ†‘11%
2016$6,919,045โ†“29%$4,298,213โ†‘7%$35,125,117โ†‘6%
2015$9,764,921โ†‘165%$4,012,003โ†‘25%$33,214,528โ†‘21%
2014$3,682,699โ†“4%$3,212,143โ†‘13%$27,559,116โ†‘7%
2013$3,834,763โ†“48%$2,836,650โ†“32%$25,673,573โ†‘1%
2012$7,314,947โ†‘67%$4,156,972โ†‘64%$25,484,635โ†‘20%
2011$4,392,512$2,534,168$21,253,786

Frequently Asked Questions

What does Dwelling Place Of Grand Rapids Nonprofit Housing Corporation do?โ–ผ

Dwelling Place Of Grand Rapids Nonprofit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Dwelling Place Of Grand Rapids Nonprofit Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Dwelling Place Of Grand Rapids Nonprofit Housing Corporation has a score of 69/100 (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 Dwelling Place Of Grand Rapids Nonprofit Housing Corporation generate?โ–ผ

Dwelling Place Of Grand Rapids Nonprofit Housing Corporation reports $7.4M in annual revenue and holds $57.4M in total assets, based on IRS filings.

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Dwelling Place Of Grand Rapids Nonprofit Housing Corporation โ€” Grand Rapids, MI | GiveScope