Hope Medical Clinic Inc
Ypsilanti, 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 22 peers in Unclassified with $1M-$10M 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 | $5,075,426↓20% | $5,358,173↑14% | $12,469,820↑3% | — |
| 2022 | $6,354,915↓2% | $4,714,243↑15% | $12,124,121↑8% | — |
| 2021 | $6,485,009↑21% | $4,113,079↑7% | $11,240,975↑32% | — |
| 2020 | $5,375,143↑14% | $3,854,641↑16% | $8,490,589↑30% | — |
| 2019 | $4,729,838↑66% | $3,323,999↑13% | $6,530,461↑30% | — |
| 2018 | $2,854,184↓12% | $2,947,545↓6% | $5,007,511↓5% | — |
| 2017 | $3,261,251↑19% | $3,143,403↑10% | $5,276,535↑2% | — |
| 2016 | $2,745,432↑22% | $2,860,489↑6% | $5,173,637 | — |
| 2015 | $2,249,516↓19% | $2,690,397↓4% | $5,160,375↓11% | — |
| 2014 | $2,765,914↑21% | $2,790,712↑8% | $5,801,950↓1% | — |
| 2013 | $2,282,310↓15% | $2,590,850↓5% | $5,836,582↓7% | — |
| 2012 | $2,671,665↑5% | $2,724,312↑7% | $6,258,408↓2% | — |
| 2011 | $2,534,715 | $2,551,022 | $6,415,129 | — |
Frequently Asked Questions
What does Hope Medical Clinic Inc do?▼
Hope Medical Clinic Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope Medical Clinic Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Hope Medical Clinic Inc has a score of 72/100 (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 Hope Medical Clinic Inc generate?▼
Hope Medical Clinic Inc reports $5.8M in annual revenue and holds $13.0M in total assets, based on IRS filings.
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