LHousing & ShelterEIN: 571069688· Ruling Year: 1999

Homes Of Hope Inc

Greenville, South Carolina

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$6.7M
Total Revenue
📊
$7.4M
Total Expenses
🏦
$15.7M
Net Assets
📋
$37.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-24.5%
Year-over-year change (2022 → 2023)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.13
Net assets divided by total expenses
Liabilities-to-Assets
70.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,702,69625%$7,353,48313%$52,921,071
2022$8,879,90128%$6,480,9374%$52,743,04011%
2021$6,924,4115%$6,236,51918%$47,375,58312%
2020$6,591,34524%$5,278,5736%$42,331,12010%
2019$5,303,10930%$4,972,13510%$38,601,4947%
2018$4,082,65334%$4,534,3019%$36,105,6165%
2017$6,230,04920%$4,169,34319%$34,298,57728%
2016$5,212,41450%$3,504,5782%$26,727,66214%
2015$3,479,20911%$3,450,5589%$23,421,0854%
2014$3,121,33610%$3,155,35219%$22,468,4606%
2013$3,454,70718%$2,655,3238%$21,105,6259%
2012$4,219,15538%$2,453,8533%$19,362,43621%
2011$3,064,302$2,372,023$16,063,548

Frequently Asked Questions

What does Homes Of Hope Inc do?

Homes Of Hope Inc is a housing & shelter nonprofit organization based in South Carolina. It is classified under NTEE code L25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homes Of Hope Inc financially healthy?

Based on our 9-metric Financial Health Score model, Homes Of Hope Inc has a score of 65/100 (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 Homes Of Hope Inc generate?

Homes Of Hope Inc reports $7.8M in annual revenue and holds $53.6M in total assets, based on IRS filings.

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