LHousing & ShelterEIN: 237138165· Ruling Year: 1971

West Elmwood Housing Development Corp

Providence, Rhode Island

CHealth Score
35C

Financial Health Score

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

Below Average

💰
$1.6M
Total Revenue
📊
$1.7M
Total Expenses
🏦
-$96K
Net Assets
📋
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.9%
Year-over-year change (2022 → 2023)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
105.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,560,4898%$1,712,55518%$1,641,3363%
2022$1,694,30626%$2,089,7056%$1,687,79937%
2021$2,278,0719%$2,219,481$2,683,8659%
2020$2,494,09665%$2,227,97536%$2,957,2427%
2019$1,515,99394%$1,633,49045%$2,754,22017%
2018$783,2153%$1,124,22445%$3,324,3202%
2017$805,30123%$774,65523%$3,265,1766%
2016$1,047,0331%$1,008,19721%$3,088,74215%
2015$1,033,10741%$1,277,72023%$2,689,69139%
2014$734,6607%$1,037,3231%$4,405,4036%
2013$791,96860%$1,030,6981%$4,157,19016%
2012$494,94961%$1,021,45665%$4,932,69420%
2011$1,256,735$2,928,602$6,179,749

Frequently Asked Questions

What does West Elmwood Housing Development Corp do?

West Elmwood Housing 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 West Elmwood Housing Development Corp financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for West Elmwood Housing Development Corp.

How much revenue does West Elmwood Housing Development Corp generate?

West Elmwood Housing Development Corp reports $1.3M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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