Home City Development Inc
Springfield, Massachusetts
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.1M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$12.5M
Net Assets
📋
$11.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-62.4%
Year-over-year change (2022 → 2023)
Net Margin
-53.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.21
Net assets divided by total expenses
Liabilities-to-Assets
47.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,135,582↓62% | $1,737,131↑9% | $23,941,602↑23% | |
| 2022 | $3,023,264↑74% | $1,600,953↑12% | $19,443,390↑23% | — |
| 2021 | $1,734,116↑50% | $1,430,775↑9% | $15,775,339↓2% | — |
| 2020 | $1,154,466↓31% | $1,317,213↑16% | $16,105,510↑8% | — |
| 2019 | $1,669,722↓44% | $1,139,953↓39% | $14,915,610↑11% | — |
| 2018 | $2,971,196↑12% | $1,875,800↑13% | $13,454,716↑6% | — |
| 2017 | $2,653,654↑4% | $1,661,444↓29% | $12,703,357↑14% | — |
| 2016 | $2,561,835↓19% | $2,348,481↓9% | $11,134,539↓3% | — |
| 2015 | $3,169,762↓6% | $2,590,703↑17% | $11,530,615↑11% | — |
| 2014 | $3,389,729↑50% | $2,215,327↑21% | $10,351,449↑73% | — |
| 2013 | $2,264,941↑14% | $1,830,092↑5% | $5,995,776↑7% | — |
| 2012 | $1,989,337↑252% | $1,742,140↑156% | $5,596,874↑48% | — |
| 2011 | $565,559 | $680,481 | $3,789,100 | — |
Frequently Asked Questions
What does Home City Development Inc do?▼
Home City Development Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Home City Development Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Home City Development Inc.
How much revenue does Home City Development Inc generate?▼
Home City Development Inc reports $1.4M in annual revenue and holds $54.2M in total assets, based on IRS filings.
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