LHousing & ShelterEIN: 541595851· Ruling Year: 1992

Elderhomes Corp

Richmond, Virginia

A-Health Score
82A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.65×
Peer Median12.01×
💰
$25.9M
Total Revenue
📊
$25.0M
Total Expenses
🏦
$16.3M
Net Assets
📋
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.8%
Year-over-year change (2023 → 2024)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
16.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$25,889,04910%$25,037,38410%$19,513,5489%
2023$23,573,6548%$22,674,03121%$17,850,87622%
2022$21,894,45644%$18,770,59237%$14,660,79940%
2021$15,193,147$13,714,5495%$10,487,2521%
2020$15,243,54625%$14,367,19324%$10,626,70022%
2019$12,146,96011%$11,617,10316%$8,693,58918%
2018$10,970,6313%$10,006,6352%$7,396,73711%
2017$11,287,71415%$10,221,01225%$6,681,62029%
2016$9,809,68424%$8,179,2228%$5,194,7245%
2015$7,896,67918%$7,539,53311%$4,970,68214%
2014$6,715,33740%$6,799,92439%$4,354,4368%
2013$11,161,3118%$11,086,29012%$4,758,3772%
2012$10,319,89714%$9,933,03311%$4,665,72113%
2011$9,022,361$8,977,796$4,122,892

Frequently Asked Questions

What does Elderhomes Corp do?

Elderhomes Corp is a housing & shelter nonprofit organization based in Virginia. It is classified under NTEE code L810 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elderhomes Corp financially healthy?

Based on our 9-metric Financial Health Score model, Elderhomes Corp has a score of 82/100 (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 Elderhomes Corp generate?

Elderhomes Corp reports $25.9M in annual revenue and holds $19.5M in total assets, based on IRS filings.

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