Island Housing Trust
Mount Desert, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,040,659↑76% | $511,794↑3% | $5,330,740↑11% | |
| 2022 | $591,049↓78% | $498,530↑5% | $4,799,071↑2% | — |
| 2021 | $2,726,746↑123% | $475,592↑17% | $4,685,458↑91% | — |
| 2020 | $1,225,469↑234% | $405,472↑75% | $2,447,376↑52% | — |
| 2019 | $366,871↓60% | $231,749↑34% | $1,609,878↓19% | — |
| 2018 | $907,617↑91% | $173,400↑2% | $1,983,826↑104% | — |
| 2017 | $474,430↑69% | $169,560↓35% | $970,257↑128% | — |
| 2016 | $280,514↑5% | $259,926↓1% | $426,267↑4% | — |
| 2015 | $266,111↑1% | $263,302↓27% | $408,530↑2% | — |
| 2014 | $264,413↓13% | $362,162↑44% | $400,215↓19% | — |
| 2013 | $303,941↑49% | $251,449↑33% | $496,048↑12% | — |
| 2012 | $203,783↓35% | $189,674↓47% | $443,796↓9% | — |
| 2011 | $314,968 | $355,450 | $485,463 | — |
Frequently Asked Questions
What does Island Housing Trust do?▼
Island Housing Trust is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Island Housing Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, Island Housing Trust has a score of 64/100 (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 Island Housing Trust generate?▼
Island Housing Trust reports $2.1M in annual revenue and holds $7.6M in total assets, based on IRS filings.
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