LHousing & ShelterEIN: 943165510· Ruling Year: 1993

San Carlos Development Corporation

San Carlos, California

B+Health Score
73B+

Financial Health Score

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

Good

💰
$8.9M
Total Revenue
📊
$8.1M
Total Expenses
🏦
$8.6M
Net Assets
📋
$13.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.2%
Year-over-year change (2022 → 2023)
Net Margin
+9.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
61.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,912,3189%$8,079,8254%$22,238,0391%
2022$8,159,6434%$7,798,9367%$21,937,9261%
2021$7,865,6274%$7,295,9313%$21,724,8661%
2020$7,547,392$7,063,1691%$21,497,7692%
2019$7,556,6283%$6,967,4626%$21,108,4582%
2018$7,306,6434%$6,545,3686%$20,778,1542%
2017$7,011,2633%$6,193,4473%$20,307,8413%
2016$6,815,8161%$5,989,0135%$19,775,8053%
2015$6,754,8281%$5,717,2266%$19,250,5644%
2014$6,851,802$6,078,494$18,449,99115%
2013$6,823,95814%$6,057,5855%$21,659,3592%
2012$5,989,70711%$5,762,3892%$21,237,5672%
2011$5,373,010$5,675,016$20,879,294

Frequently Asked Questions

What does San Carlos Development Corporation do?

San Carlos Development Corporation is a housing & shelter nonprofit organization based in California. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is San Carlos Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, San Carlos Development Corporation has a score of 73/100 (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 San Carlos Development Corporation generate?

San Carlos Development Corporation reports $8.9M in annual revenue and holds $22.2M in total assets, based on IRS filings.

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