LHousing & ShelterEIN: 205111657· Ruling Year: 2016

Royal Oak Non-profit Housing Corporation

Warren, Michigan

CHealth Score
40C

Financial Health Score

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

Below Average

💰
$2.1M
Total Revenue
📊
$2.7M
Total Expenses
🏦
-$1.0M
Net Assets
📋
$15.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.7%
Year-over-year change (2022 → 2023)
Net Margin
-27.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.38
Net assets divided by total expenses
Liabilities-to-Assets
106.9%
Total liabilities as % of total assets

Filing History

16 filings on record
YearRevenueExpensesAssets
2023$2,107,78917%$2,679,80024%$14,873,7903%
2022$1,805,7644%$2,164,42532%$15,360,79736%
2021$1,888,362137%$1,636,73479%$11,274,661111%
2020$796,18749%$916,86640%$5,336,08165%
2020$1,550,0842%$1,525,1061%$3,229,71912%
2019$1,522,9904%$1,512,2402%$2,885,9832%
2018$1,469,6575%$1,483,0444%$2,959,5894%
2017$1,400,7611%$1,549,4884%$3,068,7583%
2016$1,380,1171%$1,489,6222%$3,177,9373%
2015$1,363,7262%$1,463,1982%$3,290,1934%
2014$1,331,1204%$1,431,0921%$3,422,531113%
2013$1,279,7864%$1,423,36210%$1,603,68059%
2012$1,230,8784%$1,293,3106%$3,884,6939%
2011$1,287,6383%$1,377,90013%$4,253,0514%
2010$1,244,1462%$1,219,63510%$4,414,8304%
2009$1,268,905$1,357,126$4,588,186

Frequently Asked Questions

What does Royal Oak Non-profit Housing Corporation do?

Royal Oak Non-profit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Royal Oak Non-profit Housing Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Royal Oak Non-profit Housing Corporation has a score of 40/100 (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 Royal Oak Non-profit Housing Corporation generate?

Royal Oak Non-profit Housing Corporation reports $2.3M in annual revenue and holds $14.6M in total assets, based on IRS filings.

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