Hearth Connection
Saint Paul, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 3 peers in Housing & Shelter 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 | $12,804,118↓3% | $12,800,392↓7% | $1,251,935↓51% | — |
| 2022 | $13,144,302↓8% | $13,700,110↓3% | $2,575,145↑13% | — |
| 2021 | $14,314,767↑4% | $14,152,424↑2% | $2,283,440↓35% | — |
| 2020 | $13,820,616 | $13,939,533↑2% | $3,522,034↑45% | — |
| 2019 | $13,754,289↑15% | $13,615,385↑14% | $2,435,658↑2% | — |
| 2018 | $11,939,961↑10% | $11,898,354↑8% | $2,378,617↓3% | — |
| 2017 | $10,886,298↑2% | $10,984,665↑4% | $2,459,150↑4% | — |
| 2016 | $10,682,257↓1% | $10,570,910↓2% | $2,353,875↑23% | — |
| 2015 | $10,753,185↓1% | $10,767,285↓1% | $1,916,129↓25% | — |
| 2014 | $10,886,337↑2% | $10,884,268↑2% | $2,548,856↓7% | — |
| 2013 | $10,638,164↑9% | $10,689,371↑9% | $2,738,715↓9% | — |
| 2012 | $9,786,625↑405% | $9,819,388↑423% | $2,996,184↑23% | — |
| 2011 | $1,939,631 | $1,876,709 | $2,441,183 | — |
Frequently Asked Questions
What does Hearth Connection do?▼
Hearth Connection is a housing & shelter nonprofit organization based in Minnesota. It is classified under NTEE code L99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hearth Connection financially healthy?▼
Based on our 9-metric Financial Health Score model, Hearth Connection has a score of 53/100 (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 Hearth Connection generate?▼
Hearth Connection reports $14.0M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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