Charity Search / HOMES GIVING HOPE INC
Housing & Shelter (L40) DX Registered 990 on File

HOMES GIVING HOPE INC

EIN: 90-0876777 · ROCKFORD, MI 49341-8488 · United States · FY 2023 Data
Tax-exempt status revoked by the IRS on 15 May 2015
This organization is not in good standing with its registry and is not rated.
Not rated Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 30/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$490K
Total Revenue
$395K
Total Expenses
$610K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.2%
Fundraising Efficiency N/A
Operating Reserve 18.54x
Liability-to-Asset 38.8%
Revenue Diversification 80.1%
Compared with Peers
FY 2023
Compared with 7,651 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
82.2% 87.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
4.9% 11.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
12.9% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
18.5 mo 13.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
38.8% 27.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
80.1% 92.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
-5.1% 4.4%
P10P90
Expense growth
Year over year expense growth
43.8% 4.9%
P10P90
Surplus margin
Surplus as a share of revenue
19.4% -7.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $490K $395K $610K 82.2% 0
2022 $516K $275K $515K 86.8% 0
2021 $728K $98K N/A — 0
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Organization Details
EIN
90-0876777
State
MI
City
ROCKFORD
ZIP
49341-8488
Classification
L40
Category
Housing & Shelter
Rating
Revoked Not rated
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2020
Form 990
On File
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