Massachusetts Housing Investment Corp
Boston, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 3 peers in Housing & Shelter with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $73,602,541↑358% | $71,806,719↑432% | $69,106,179↑6% | — |
| 2022 | $16,061,783↓14% | $13,502,667↓19% | $65,477,306↑27% | — |
| 2021 | $18,783,706↑34% | $16,764,177↑22% | $51,753,115↑9% | — |
| 2020 | $14,048,533↑27% | $13,753,699↑33% | $47,540,355↓12% | — |
| 2019 | $11,038,740↓2% | $10,365,322↑10% | $54,156,526↑37% | — |
| 2018 | $11,222,647↓2% | $9,450,773↓12% | $39,539,259↑24% | — |
| 2017 | $11,447,325↑31% | $10,750,786↑40% | $31,959,514↑28% | — |
| 2016 | $8,736,331↓15% | $7,668,526↓13% | $24,953,414↓15% | — |
| 2015 | $10,245,865↓18% | $8,766,898↓4% | $29,255,997↑11% | — |
| 2014 | $12,442,452↓22% | $9,112,371↓28% | $26,344,366↓16% | — |
| 2013 | $15,929,048↓37% | $12,575,008↓46% | $31,342,380↓8% | — |
| 2012 | $25,345,173↑4% | $23,088,663↑5% | $33,981,872↓5% | — |
| 2011 | $24,272,332 | $21,986,697 | $35,847,048 | — |
Frequently Asked Questions
What does Massachusetts Housing Investment Corp do?▼
Massachusetts Housing Investment Corp is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L120 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Massachusetts Housing Investment Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, Massachusetts Housing Investment Corp has a score of 72/100 (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 Massachusetts Housing Investment Corp generate?▼
Massachusetts Housing Investment Corp reports $22.6M in annual revenue and holds $92.8M in total assets, based on IRS filings.
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