Growing Hope Inc
Ypsilanti, Michigan
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$871K
Total Revenue
๐
$821K
Total Expenses
๐ฆ
$1.7M
Net Assets
๐
$186K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-3.1%
Year-over-year change (2022 โ 2023)
Net Margin
+5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.06
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $871,497โ3% | $821,108โ1% | $1,879,298โ3% | |
| 2022 | $899,361โ38% | $825,479โ1% | $1,828,294โ3% | โ |
| 2021 | $1,461,456โ35% | $817,867โ4% | $1,769,633โ8% | โ |
| 2020 | $1,080,609โ45% | $786,612โ8% | $1,638,370โ31% | โ |
| 2019 | $745,548โ4% | $726,603 | $1,248,047โ1% | โ |
| 2018 | $718,909โ8% | $729,836โ15% | $1,254,559โ4% | โ |
| 2017 | $783,631โ5% | $860,584โ26% | $1,210,857โ38% | โ |
| 2016 | $820,702โ8% | $684,579โ4% | $875,626โ23% | โ |
| 2015 | $761,779โ27% | $659,840โ3% | $709,045โ16% | โ |
| 2014 | $600,311โ23% | $638,960โ17% | $613,669โ1% | โ |
| 2013 | $489,080โ19% | $547,828โ46% | $620,963โ1% | โ |
| 2012 | $412,583โ16% | $374,340โ12% | $612,612โ8% | โ |
| 2011 | $491,888 | $424,695 | $663,703 | โ |
Frequently Asked Questions
What does Growing Hope Inc do?โผ
Growing Hope Inc is a youth development nonprofit organization based in Michigan. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Growing Hope Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Growing Hope Inc.
How much revenue does Growing Hope Inc generate?โผ
Growing Hope Inc reports $1.2M in annual revenue and holds $2.2M in total assets, based on IRS filings.
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