Innovative Housing Development Corporation
Fort Gratiot, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 15 peers in Human Services 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 | $11,882,775↑11% | $11,139,484↑13% | $7,463,818↑6% | |
| 2022 | $10,712,191↑14% | $9,879,802↑14% | $7,028,193↓8% | — |
| 2021 | $9,357,323↑19% | $8,679,820↑15% | $7,663,141↑20% | — |
| 2020 | $7,882,983↑16% | $7,557,614↑17% | $6,367,618↑10% | — |
| 2019 | $6,788,863↑2% | $6,481,774↑2% | $5,763,206↑3% | — |
| 2018 | $6,669,061↑9% | $6,324,886↑15% | $5,588,697↑15% | — |
| 2017 | $6,127,008↑9% | $5,505,482↑4% | $4,866,770↑19% | — |
| 2016 | $5,601,359↑2% | $5,301,113↑1% | $4,091,705↑14% | — |
| 2015 | $5,496,961↓1% | $5,268,307↑1% | $3,603,149↑1% | — |
| 2014 | $5,557,138↑6% | $5,224,839↑2% | $3,554,143↑29% | — |
| 2013 | $5,243,356↓14% | $5,104,971↓12% | $2,762,430↑15% | — |
| 2012 | $6,073,530↓2% | $5,806,206↓2% | $2,411,607↑4% | — |
| 2011 | $6,189,518 | $5,945,245 | $2,311,284 | — |
Frequently Asked Questions
What does Innovative Housing Development Corporation do?▼
Innovative Housing Development Corporation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovative Housing Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Innovative Housing Development Corporation has a score of 83/100 (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 Innovative Housing Development Corporation generate?▼
Innovative Housing Development Corporation reports $13.9M in annual revenue and holds $10.9M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Michigan.