LHousing & ShelterEIN: 943159161· Ruling Year: 1992

Hip Housing Development Corporation

San Mateo, California

CHealth Score
38C

Financial Health Score

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

Below Average

💰
$3.3M
Total Revenue
📊
$4.7M
Total Expenses
🏦
-$5.5M
Net Assets
📋
$35.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-80.6%
Year-over-year change (2022 → 2023)
Net Margin
-42.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.17
Net assets divided by total expenses
Liabilities-to-Assets
118.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,309,12881%$4,707,4386%$29,594,3013%
2022$17,027,307246%$5,025,91635%$30,487,93390%
2021$4,922,8075%$3,718,6358%$16,006,101120%
2020$5,204,48878%$3,432,7823%$7,280,07834%
2019$2,929,89128%$3,319,5817%$5,415,53480%
2018$2,297,93555%$3,097,52223%$26,996,7096%
2017$5,063,358132%$2,509,69126%$28,814,41032%
2016$2,186,17153%$1,994,9367%$21,762,33933%
2015$4,609,772234%$1,866,3366%$16,317,13620%
2014$1,379,8809%$1,988,63128%$13,565,7464%
2013$1,262,43411%$1,555,2856%$14,186,22922%
2012$1,135,1501%$1,471,30612%$11,587,2272%
2011$1,144,659$1,671,999$11,847,313

Frequently Asked Questions

What does Hip Housing Development Corporation do?

Hip Housing Development Corporation is a housing & shelter nonprofit organization based in California. It is classified under NTEE code L300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hip Housing Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Hip Housing Development Corporation has a score of 38/100 (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 Hip Housing Development Corporation generate?

Hip Housing Development Corporation reports $3.3M in annual revenue and holds $15.1M in total assets, based on IRS filings.

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