L โ€” Housing & ShelterEIN: 571171249ยท Ruling Year: 2004

His Way Recovery Center

Huntsville, Alabama

B+Health Score
68B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.5M
Total Revenue
๐Ÿ“Š
$4.6M
Total Expenses
๐Ÿฆ
$4.2M
Net Assets
๐Ÿ“‹
$3.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
45.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,512,160โ†‘18%$4,599,569โ†‘24%$7,653,272โ†‘5%
2022$3,809,726โ†“8%$3,701,256โ†‘14%$7,272,427โ†‘18%
2021$4,127,174โ†‘25%$3,250,899โ†‘18%$6,176,745โ†‘24%
2020$3,312,215โ†‘18%$2,760,396โ†‘11%$4,978,631โ†‘32%
2019$2,817,893โ†“3%$2,497,774โ†‘21%$3,769,841โ†“7%
2018$2,914,857โ†“4%$2,056,539โ†‘29%$4,034,961โ†‘30%
2017$3,047,232โ†‘59%$1,591,810โ†‘11%$3,093,754โ†‘85%
2016$1,920,573โ†‘44%$1,434,948โ†‘16%$1,670,535โ†‘31%
2015$1,336,383โ†‘5%$1,239,691โ†‘10%$1,271,696โ†‘10%
2014$1,274,455โ†‘32%$1,126,413โ†‘32%$1,158,957โ†‘16%
2013$966,077โ†“10%$854,252โ†‘38%$1,002,945โ†‘37%
2012$1,069,538โ†‘98%$620,319โ†‘20%$732,926โ†‘130%
2011$540,574$516,745$318,526

Frequently Asked Questions

What does His Way Recovery Center do?โ–ผ

His Way Recovery Center is a housing & shelter nonprofit organization based in Alabama. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is His Way Recovery Center financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, His Way Recovery Center has a score of 68/100 (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 His Way Recovery Center generate?โ–ผ

His Way Recovery Center reports $5.4M in annual revenue and holds $8.6M in total assets, based on IRS filings.

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His Way Recovery Center โ€” Huntsville, AL | GiveScope