LHousing & ShelterEIN: 472164827· Ruling Year: 2015

Island City Development

Alameda, California

B+Health Score
66B+

Financial Health Score

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

Good

💰
$2.3M
Total Revenue
📊
$348K
Total Expenses
🏦
$3.6M
Net Assets
📋
$8.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.2%
Year-over-year change (2022 → 2023)
Net Margin
+85.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.35
Net assets divided by total expenses
Liabilities-to-Assets
69.9%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,334,05518%$348,38449%$11,972,08825%
2022$1,974,56523%$233,24215%$9,569,90819%
2021$1,604,33924%$203,39536%$8,047,451119%
2020$1,291,954339%$150,0194%$3,671,30010%
2019$294,53965%$156,5422%$4,082,97945%
2018$837,37410%$159,07015%$2,822,10038%
2017$761,69863747%$137,91522%$2,049,54227%
2016$1,193255%$112,7049%$2,796,65476%
2015$336$123,966$1,586,341158634000%
2014$0$0$1

Frequently Asked Questions

What does Island City Development do?

Island City Development is a housing & shelter nonprofit organization based in California. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Island City Development financially healthy?

Based on our 9-metric Financial Health Score model, Island City Development has a score of 66/100 (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 Island City Development generate?

Island City Development reports $4.6M in annual revenue and holds $15.0M in total assets, based on IRS filings.

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