LHousing & ShelterEIN: 821235705· Ruling Year: 2017

Elevate Housing Foundation

Lincolnwood, Illinois

CHealth Score
37C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-1.06×
Peer Median12.01×
💰
$26.4M
Total Revenue
📊
$27.1M
Total Expenses
🏦
-$28.7M
Net Assets
📋
$65.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.06
Net assets divided by total expenses
Liabilities-to-Assets
178.0%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$26,409,0948%$27,119,2018%$36,757,04613%
2022$24,527,75324%$25,031,429$32,604,40315%
2021$19,775,4533%$25,146,83313%$28,372,31016%
2020$19,130,68635%$22,230,16735%$33,651,3723%
2019$14,186,749194%$16,407,525187%$32,627,581271%
2018$4,817,960$5,722,0006448%$8,785,799878579800%
2017$0$87,386$1

Frequently Asked Questions

What does Elevate Housing Foundation do?

Elevate Housing Foundation is a housing & shelter nonprofit organization based in Illinois. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elevate Housing Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Elevate Housing Foundation has a score of 37/100 (Grade: C). 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 Elevate Housing Foundation generate?

Elevate Housing Foundation reports $28.9M in annual revenue and holds $43.0M in total assets, based on IRS filings.

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