L โ€” Housing & ShelterEIN: 581831757ยท Ruling Year: 1989

Housing Assistance Corporation

Hendersonvlle, North Carolina

AHealth Score
88A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$2.8M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$5.2M
Net Assets
๐Ÿ“‹
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+33.6%
Year-over-year change (2021 โ†’ 2022)
Net Margin
+21.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.39
Net assets divided by total expenses
Liabilities-to-Assets
32.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$2,770,321โ†‘34%$2,170,459โ†‘13%$7,712,463โ†‘9%
2021$2,074,001โ†‘6%$1,915,890โ†‘11%$7,059,698โ†‘13%
2020$1,950,294โ†‘106%$1,727,585โ†‘17%$6,235,032โ†‘18%
2019$946,759โ†“29%$1,470,323โ†‘12%$5,268,405โ†“25%
2018$1,338,160โ†“20%$1,316,025โ†“30%$7,028,593โ†“2%
2017$1,676,067โ†“11%$1,891,301โ†“3%$7,189,723โ†‘6%
2016$1,880,606โ†‘37%$1,950,829โ†‘10%$6,753,782
2015$1,377,330โ†“10%$1,765,752โ†‘27%$6,740,858โ†‘6%
2014$1,525,934โ†‘9%$1,395,147โ†“9%$6,331,875โ†“4%
2013$1,405,681โ†“46%$1,532,833โ†“10%$6,585,856โ†“8%
2012$2,602,268โ†‘30%$1,701,648โ†“15%$7,155,050โ†‘13%
2011$2,008,705$2,005,988$6,321,772

Frequently Asked Questions

What does Housing Assistance Corporation do?โ–ผ

Housing Assistance Corporation is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Assistance Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Housing Assistance Corporation 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 Assistance Corporation generate?โ–ผ

Housing Assistance Corporation reports $4.4M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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Housing Assistance Corporation โ€” Hendersonvlle, NC | GiveScope