South Portland Housing Development Corporation
S Portland, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,071,254โ102% | $2,713,257โ109% | $10,409,961โ13% | โ |
| 2022 | $2,010,924โ62% | $1,300,262โ29% | $9,180,721 | โ |
| 2021 | $1,241,060โ23% | $1,008,203โ48% | $9,145,922โ14% | โ |
| 2020 | $1,610,007โ107% | $1,939,869โ89% | $8,024,348โ1% | โ |
| 2019 | $776,871โ5% | $1,026,086โ5% | $7,982,199โ1% | โ |
| 2018 | $737,749โ7% | $974,464โ3% | $7,910,715โ1% | โ |
| 2017 | $686,447โ13% | $950,602โ13% | $8,012,346โ46% | โ |
| 2016 | $608,642โ48% | $842,390โ36% | $5,476,840โ8% | โ |
| 2015 | $1,181,126โ141% | $618,945โ11% | $5,967,313โ9% | โ |
| 2014 | $490,054โ6% | $558,408โ37% | $5,482,944โ42% | โ |
| 2013 | $463,563โ4% | $407,495โ9% | $9,524,551 | โ |
| 2012 | $447,252โ18% | $374,604โ74% | $9,493,603โ19% | โ |
| 2011 | $544,238 | $214,811 | $7,991,399 | โ |
Frequently Asked Questions
What does South Portland Housing Development Corporation do?โผ
South Portland Housing Development Corporation is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is South Portland Housing Development Corporation financially healthy?โผ
Based on our 9-metric Financial Health Score model, South Portland Housing Development Corporation has a score of 81/100 (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 South Portland Housing Development Corporation generate?โผ
South Portland Housing Development Corporation reports $4.3M in annual revenue and holds $10.8M in total assets, based on IRS filings.
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