Heading Home

Albuquerque, New Mexico

AHealth Score
86A

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 Org0.58×
Peer Median12.01×
💰
$14.8M
Total Revenue
📊
$12.2M
Total Expenses
🏦
$7.1M
Net Assets
📋
$802K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+48.5%
Year-over-year change (2022 → 2023)
Net Margin
+17.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.58
Net assets divided by total expenses
Liabilities-to-Assets
10.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,798,02549%$12,165,84044%$7,857,97853%
2022$9,962,65330%$8,446,87211%$5,151,99434%
2021$7,660,26123%$7,636,18131%$3,839,7266%
2020$6,249,65533%$5,844,73918%$3,626,91114%
2019$4,702,5757%$4,972,6432%$3,177,3768%
2018$5,062,23831%$5,079,53832%$3,452,8232%
2017$3,853,37411%$3,859,50812%$3,538,0532%
2016$3,482,13148%$3,445,81044%$3,468,1763%
2015$2,360,5011%$2,389,39850%$3,376,810
2014$2,388,7412%$1,596,96126%$3,378,64721%
2013$2,346,138119%$1,262,93027%$2,781,18676%
2012$1,071,7451%$990,72821%$1,579,2488%
2011$1,085,083$818,382$1,459,430

Frequently Asked Questions

What does Heading Home do?

Heading Home is a housing & shelter nonprofit organization based in New Mexico. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heading Home financially healthy?

Based on our 9-metric Financial Health Score model, Heading Home has a score of 86/100 (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 Heading Home generate?

Heading Home reports $13.0M in annual revenue and holds $5.8M in total assets, based on IRS filings.

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