Avesta Housing Development Corporation
Portland, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,774,074↓23% | $10,908,019↓14% | $78,003,139↑1% | — |
| 2022 | $13,921,623↑6% | $12,679,009↑22% | $77,344,426↑11% | — |
| 2021 | $13,114,873↑26% | $10,368,140↑6% | $69,411,595↑10% | — |
| 2020 | $10,385,771↑19% | $9,773,992↑3% | $63,197,411↑11% | — |
| 2019 | $8,741,762↑4% | $9,472,372↑7% | $56,826,112↑8% | — |
| 2018 | $8,378,049↓10% | $8,869,707↑24% | $52,382,631↑11% | — |
| 2017 | $9,265,374↑3% | $7,134,861↑3% | $47,150,046↑7% | — |
| 2016 | $8,980,893↓16% | $6,937,241↓3% | $44,181,950↑20% | — |
| 2015 | $10,663,730↑47% | $7,171,211↓3% | $36,818,549↑13% | — |
| 2014 | $7,233,226↓22% | $7,384,400↑12% | $32,669,189↑4% | — |
| 2013 | $9,230,869↑3% | $6,594,604↓23% | $31,464,851↑5% | — |
| 2012 | $8,990,690↓46% | $8,574,779↓44% | $29,874,500↑11% | — |
| 2011 | $16,649,562 | $15,409,253 | $26,837,196 | — |
Frequently Asked Questions
What does Avesta Housing Development Corporation do?▼
Avesta Housing Development Corporation is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Avesta Housing Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Avesta Housing Development Corporation has a score of 57/100 (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 Avesta Housing Development Corporation generate?▼
Avesta Housing Development Corporation reports $13.5M in annual revenue and holds $82.7M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Maine.