LHousing & ShelterEIN: 050489479· Ruling Year: 1996

Valley Affordable Housing Corp

Cumberland, Rhode Island

B+Health Score
74B+

Financial Health Score

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

Good

💰
$3.1M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$3.8M
Net Assets
📋
$3.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
49.3%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$3,083,6054%$2,840,16614%$7,483,9062%
2022$2,973,82728%$2,485,6576%$7,315,31743%
2020$2,315,264$2,337,72010%$5,098,16912%
2019$2,318,90213%$2,129,4172%$4,555,1813%
2018$2,056,85217%$2,093,8116%$4,679,9843%
2017$2,473,69515%$1,983,4744%$4,805,05817%
2016$2,158,22319%$1,914,31812%$4,102,0175%
2015$2,671,06018%$2,174,8005%$3,924,81033%
2014$2,269,68027%$2,073,57310%$5,832,0134%
2013$1,782,29040%$1,887,47052%$5,582,1451%
2012$1,273,949$1,238,339$5,661,488

Frequently Asked Questions

What does Valley Affordable Housing Corp do?

Valley Affordable Housing Corp is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Valley Affordable Housing Corp financially healthy?

Based on our 9-metric Financial Health Score model, Valley Affordable Housing Corp has a score of 74/100 (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 Valley Affordable Housing Corp generate?

Valley Affordable Housing Corp reports $4.8M in annual revenue and holds $9.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Rhode Island.