Rainbow Homes Non-profit Housing Corporation
Holt, Michigan
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$762K
Total Revenue
📊
$729K
Total Expenses
🏦
-$78K
Net Assets
📋
$345K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+35.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.11
Net assets divided by total expenses
Liabilities-to-Assets
129.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $762,274↑35% | $728,646↑10% | $267,150↑6% | |
| 2022 | $563,374↓14% | $660,560↓4% | $251,125↓22% | — |
| 2021 | $654,174↓10% | $690,903↓3% | $321,929↓13% | — |
| 2020 | $723,823↑7% | $714,666↑8% | $371,520↑34% | — |
| 2019 | $675,099↑1% | $659,576↑2% | $276,257↓9% | — |
| 2018 | $665,916 | $648,340↑4% | $303,781↓2% | — |
| 2017 | $663,517↑16% | $623,026↑6% | $310,498↓3% | — |
| 2016 | $571,092↓8% | $588,604↓9% | $318,469↓10% | — |
| 2015 | $622,753↑2% | $648,485↑3% | $352,987↓7% | — |
| 2014 | $608,815↑8% | $631,742↑13% | $378,583↓2% | — |
| 2013 | $563,511↑18% | $558,264↑17% | $386,132↓2% | — |
| 2012 | $476,706↑12% | $476,664↑15% | $393,568↓1% | — |
| 2011 | $426,038 | $416,014 | $399,191 | — |
Frequently Asked Questions
What does Rainbow Homes Non-profit Housing Corporation do?▼
Rainbow Homes Non-profit Housing Corporation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rainbow Homes Non-profit Housing Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rainbow Homes Non-profit Housing Corporation.
How much revenue does Rainbow Homes Non-profit Housing Corporation generate?▼
Rainbow Homes Non-profit Housing Corporation reports $583K in annual revenue and holds $188K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Michigan.