ZUnclassifiedEIN: 222527595· Ruling Year: 1984

Portland Housing Development Corporation

Portland, Maine

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org13.48×
Peer Median15.40×
💰
$7.4M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$14.9M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+41.5%
Year-over-year change (2022 → 2023)
Net Margin
+85.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.48
Net assets divided by total expenses
Liabilities-to-Assets
24.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,402,78942%$1,103,8683%$19,803,06168%
2022$5,230,78490%$1,138,51548%$11,772,178121%
2021$2,757,07666%$2,183,952361%$5,328,7119%
2020$1,659,937121%$473,7055%$4,896,04332%
2019$752,523128%$499,60691%$3,720,77732%
2018$330,02164%$261,4261%$2,823,7922%
2017$201,66979%$265,00654%$2,771,5373%
2016$939,377859%$574,176217%$2,851,15014%
2015$97,93429%$181,24525%$2,502,8834%
2014$137,25145%$241,47959%$2,598,2715%
2013$94,7381248%$152,208782%$2,722,30115%
2012$7,02671%$17,25618%$2,370,998
2011$24,525$14,668$2,381,228

Frequently Asked Questions

What does Portland Housing Development Corporation do?

Portland Housing Development Corporation is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Portland Housing Development Corporation financially healthy?

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

Portland Housing Development Corporation reports $5.6M in annual revenue and holds $24.2M in total assets, based on IRS filings.

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