Housing Development Corporation Midatlantic
Lancaster, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
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 | $15,903,025↑39% | $13,394,318↑20% | $27,194,557↑10% | — |
| 2022 | $11,443,531↓4% | $11,202,268↓1% | $24,727,893↓1% | — |
| 2021 | $11,939,671↑14% | $11,341,925↑6% | $24,908,226↑14% | — |
| 2020 | $10,483,218↓3% | $10,671,331↑1% | $21,847,590↑3% | — |
| 2019 | $10,772,844↓2% | $10,520,009↑2% | $21,240,040↑1% | — |
| 2018 | $11,048,135↑16% | $10,292,966↑7% | $21,006,966↑6% | — |
| 2017 | $9,514,864↓2% | $9,605,446↑8% | $19,804,912↑15% | — |
| 2016 | $9,682,309↓7% | $8,858,204↑4% | $17,243,764↑8% | — |
| 2015 | $10,448,678↑26% | $8,510,420↑13% | $15,936,174↓2% | — |
| 2014 | $8,272,683↑4% | $7,550,610↑2% | $16,295,272↑25% | — |
| 2013 | $7,989,777↑6% | $7,396,870↑13% | $13,002,437↑46% | — |
| 2012 | $7,552,067↑16% | $6,546,974↑8% | $8,904,576↑12% | — |
| 2011 | $6,522,288 | $6,061,075 | $7,920,696 | — |
Frequently Asked Questions
What does Housing Development Corporation Midatlantic do?▼
Housing Development Corporation Midatlantic is a housing & shelter nonprofit organization based in Pennsylvania. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Housing Development Corporation Midatlantic financially healthy?▼
Based on our 9-metric Financial Health Score model, Housing Development Corporation Midatlantic has a score of 88/100 (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 Housing Development Corporation Midatlantic generate?▼
Housing Development Corporation Midatlantic reports $15.6M in annual revenue and holds $31.7M in total assets, based on IRS filings.
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