L โ€” Housing & ShelterEIN: 911335750ยท Ruling Year: 1991

Skagit Valley Hospitality House Association

Mount Vernon, Washington

B+Health Score
70B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$2.5M
Total Expenses
๐Ÿฆ
$2.0M
Net Assets
๐Ÿ“‹
$240K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+7.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.80
Net assets divided by total expenses
Liabilities-to-Assets
10.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,727,654โ†‘45%$2,535,586โ†‘7%$2,276,546โ†‘13%
2022$1,882,898โ†“22%$2,363,411โ†‘31%$2,021,588โ†“18%
2021$2,416,415โ†‘145%$1,803,143โ†‘79%$2,455,030โ†‘29%
2020$986,437โ†‘29%$1,008,549โ†‘29%$1,904,877โ†‘4%
2019$765,788โ†‘18%$781,287โ†“2%$1,834,995
2018$648,351โ†“22%$796,217โ†‘43%$1,835,104โ†“2%
2017$830,964โ†‘14%$558,603โ†‘1%$1,864,382โ†‘10%
2016$730,034โ†‘28%$550,976โ†‘8%$1,695,236โ†‘22%
2015$568,771โ†‘18%$509,332โ†‘2%$1,392,964โ†‘1%
2014$483,898โ†“51%$500,411โ†‘23%$1,381,714โ†“9%
2013$978,849โ†‘55%$406,725โ†“1%$1,521,199โ†‘84%
2012$632,588โ†‘45%$410,503โ†“1%$825,363โ†‘30%
2011$437,160โ†“7%$414,960โ†“2%$635,284โ†“2%
2010$471,746$422,125$646,854

Frequently Asked Questions

What does Skagit Valley Hospitality House Association do?โ–ผ

Skagit Valley Hospitality House Association is a housing & shelter nonprofit organization based in Washington. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skagit Valley Hospitality House Association financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Skagit Valley Hospitality House Association has a score of 70/100 (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 Skagit Valley Hospitality House Association generate?โ–ผ

Skagit Valley Hospitality House Association reports $3.0M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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Skagit Valley Hospitality House Association โ€” Mount Vernon, WA | GiveScope