LHousing & ShelterEIN: 050343709· Ruling Year: 1971

Abh Development Corp

Newport, Rhode Island

A-Health Score
76A-

Financial Health Score

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

Very Good

💰
$5.2M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$11.1M
Net Assets
📋
$14.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.8%
Year-over-year change (2022 → 2023)
Net Margin
+31.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.10
Net assets divided by total expenses
Liabilities-to-Assets
56.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,217,92912%$3,572,70511%$25,696,91712%
2022$4,667,36232%$3,207,8718%$22,996,7935%
2021$3,537,33312%$2,964,5542%$21,809,1093%
2020$3,149,73335%$2,895,2261%$21,129,5485%
2019$4,838,514129%$2,939,1343%$20,205,655
2018$2,116,35637%$2,860,2434%$20,203,866
2017$3,377,39232%$2,748,9587%$20,304,5102%
2016$2,559,50322%$2,561,86616%$19,999,3377%
2015$3,269,44558%$3,048,3536%$18,706,0732%
2014$2,063,99829%$2,870,3992%$18,320,9871%
2013$2,915,03314%$2,823,3795%$18,414,9132%
2012$3,401,666$2,974,204$18,059,402

Frequently Asked Questions

What does Abh Development Corp do?

Abh Development Corp is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Abh Development Corp financially healthy?

Based on our 9-metric Financial Health Score model, Abh Development Corp has a score of 76/100 (Grade: A-). 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 Abh Development Corp generate?

Abh Development Corp reports $6.2M in annual revenue and holds $21.6M in total assets, based on IRS filings.

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