LHousing & ShelterEIN: 113048002· Ruling Year: 1991

Breaking Ground Housing Development Fund Corporation

New York, New York

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org5.33×
Peer Median12.01×
💰
$31.6M
Total Revenue
📊
$27.6M
Total Expenses
🏦
$146.9M
Net Assets
📋
$67.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 → 2023)
Net Margin
+12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.33
Net assets divided by total expenses
Liabilities-to-Assets
31.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$31,598,9656%$27,566,10938%$214,800,5963%
2022$29,782,33415%$19,907,64527%$208,983,1408%
2021$25,961,6693%$15,677,5781%$193,138,0855%
2020$25,201,65719%$15,793,3342%$184,238,7257%
2019$21,105,62230%$16,075,5225%$172,180,1253%
2018$30,159,35822%$16,986,69317%$177,958,17515%
2017$24,782,80514%$20,453,01119%$208,438,5435%
2016$28,960,53119%$25,189,54620%$197,605,5394%
2015$24,276,5103%$21,020,0107%$189,569,18711%
2014$24,939,5112%$22,596,2063%$171,180,7257%
2013$25,390,5703%$21,970,2336%$159,877,7105%
2012$24,753,3294%$20,817,4643%$151,961,5188%
2011$23,812,78720%$21,411,6024%$141,259,28226%
2010$29,689,881$22,411,568$112,140,809

Frequently Asked Questions

What does Breaking Ground Housing Development Fund Corporation do?

Breaking Ground Housing Development Fund Corporation is a housing & shelter nonprofit organization based in New York. It is classified under NTEE code L80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Breaking Ground Housing Development Fund Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Breaking Ground Housing Development Fund 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 Breaking Ground Housing Development Fund Corporation generate?

Breaking Ground Housing Development Fund Corporation reports $35.6M in annual revenue and holds $220.9M in total assets, based on IRS filings.

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