Hope-spectrum Health Cc
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,685,372↑51% | $5,224,644↓24% | $9,147,942↑5% | |
| 2022 | $5,089,145↓20% | $6,836,251↑11% | $8,724,576↑31% | — |
| 2021 | $6,358,729↓4% | $6,133,954↓6% | $6,650,186↑13% | — |
| 2020 | $6,652,025↓5% | $6,528,602↓3% | $5,884,409↑7% | — |
| 2019 | $7,038,743↓3% | $6,751,570↑3% | $5,499,023↑10% | — |
| 2018 | $7,228,123↑13% | $6,543,393 | $5,002,474↑1% | — |
| 2017 | $6,411,410↑6% | $6,538,498↑2% | $4,936,292↑6% | — |
| 2016 | $6,045,668↓8% | $6,426,390↓8% | $4,660,649↓7% | — |
| 2015 | $6,576,488↓10% | $6,984,288↓8% | $4,991,604↓7% | — |
| 2014 | $7,318,845↑11% | $7,551,089↑3% | $5,382,006↓9% | — |
| 2013 | $6,606,356↓7% | $7,363,553↑6% | $5,899,751↓11% | — |
| 2012 | $7,137,596↑11% | $6,961,872↑13% | $6,610,140↑3% | — |
| 2011 | $6,432,176 | $6,169,170 | $6,437,439 | — |
Frequently Asked Questions
What does Hope-spectrum Health Cc do?▼
Hope-spectrum Health Cc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope-spectrum Health Cc financially healthy?▼
Based on our 9-metric Financial Health Score model, Hope-spectrum Health Cc has a score of 80/100 (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 Hope-spectrum Health Cc generate?▼
Hope-spectrum Health Cc reports $7.7M in annual revenue and holds $9.1M in total assets, based on IRS filings.
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