LHousing & ShelterEIN: 133832223· Ruling Year: 1995

Praxis Housing Initiatives Inc

New York, New York

B-Health Score
48B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.26×
Peer Median12.01×
💰
$34.1M
Total Revenue
📊
$34.8M
Total Expenses
🏦
$9.1M
Net Assets
📋
$48.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.3%
Year-over-year change (2022 → 2023)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
84.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,144,7913%$34,813,032$57,309,356218%
2022$35,320,83019%$34,850,44017%$18,010,3823%
2021$43,469,44947%$42,065,10048%$17,550,74934%
2020$29,598,40924%$28,508,90723%$13,094,34746%
2019$23,860,41530%$23,204,16430%$8,955,15312%
2018$18,390,03433%$17,869,80933%$7,961,94021%
2017$13,878,9499%$13,390,2767%$6,554,1881%
2016$12,753,2394%$12,484,8516%$6,459,6699%
2015$12,219,2586%$11,805,5566%$5,951,40121%
2014$11,575,5855%$11,112,2895%$7,510,21537%
2013$11,013,0681%$10,615,8421%$5,481,33431%
2012$10,940,29312%$10,527,67112%$7,987,18815%
2011$9,789,964$9,410,842$6,930,613

Frequently Asked Questions

What does Praxis Housing Initiatives Inc do?

Praxis Housing Initiatives Inc is a housing & shelter nonprofit organization based in New York. It is classified under NTEE code L25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Praxis Housing Initiatives Inc financially healthy?

Based on our 9-metric Financial Health Score model, Praxis Housing Initiatives Inc has a score of 48/100 (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 Praxis Housing Initiatives Inc generate?

Praxis Housing Initiatives Inc reports $38.3M in annual revenue and holds $54.1M in total assets, based on IRS filings.

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