LHousing & ShelterEIN: 222963595· Ruling Year: 1993

Homeownership Affordability Trust Fund

Providence, Rhode Island

B+Health Score
67B+

Financial Health Score

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

Good

💰
$6.4M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$113.3M
Net Assets
📋
$557K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+224.8%
Year-over-year change (2022 → 2023)
Net Margin
+42.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
30.80
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,426,249225%$3,678,16228%$113,861,8752%
2022$1,978,71773%$2,882,3701470%$111,238,6961%
2021$7,364,19431%$183,62323%$112,358,5087%
2020$5,621,14437%$239,22467%$105,328,7555%
2019$8,954,3914%$728,692300%$99,913,9669%
2018$8,604,99199%$182,172145%$91,643,86910%
2017$4,313,95226%-$406,617133%$83,176,0436%
2016$3,425,06923%$1,242,97033%$78,528,0503%
2015$2,777,5051%$1,869,018636%$76,318,8181%
2014$2,750,27125%$254,078198%$75,381,5003%
2013$3,685,68420%-$260,140113%$72,861,4236%
2012$3,067,0395%$1,978,590$69,030,0382%
2011$3,237,162$0$67,924,236

Frequently Asked Questions

What does Homeownership Affordability Trust Fund do?

Homeownership Affordability Trust Fund is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homeownership Affordability Trust Fund financially healthy?

Based on our 9-metric Financial Health Score model, Homeownership Affordability Trust Fund has a score of 67/100 (Grade: B+). 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 Homeownership Affordability Trust Fund generate?

Homeownership Affordability Trust Fund reports $5.8M in annual revenue and holds $113.8M in total assets, based on IRS filings.

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