LHousing & ShelterEIN: 223010422· Ruling Year: 1990

Olneyville Housing Corp

Providence, Rhode Island

A-Health Score
78A-

Financial Health Score

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

Very Good

💰
$10.9M
Total Revenue
📊
$6.2M
Total Expenses
🏦
$12.3M
Net Assets
📋
$13.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.9%
Year-over-year change (2022 → 2023)
Net Margin
+43.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.00
Net assets divided by total expenses
Liabilities-to-Assets
52.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$10,936,22719%$6,156,65813%$25,876,69661%
2022$9,198,89137%$7,084,89347%$16,065,79715%
2021$6,728,12063%$4,816,24347%$14,027,12544%
2020$4,137,12081%$3,285,35926%$9,736,57032%
2019$2,281,61051%$2,607,29841%$7,362,08323%
2018$4,689,503126%$4,391,506177%$5,979,46517%
2017$2,073,49722%$1,586,49635%$7,170,10711%
2016$2,665,36944%$2,447,06620%$8,100,7087%
2015$1,852,62869%$2,043,092105%$8,675,87213%
2014$1,094,19731%$996,11039%$7,659,5435%
2014$1,592,22925%$1,623,21917%$7,305,293
2013$1,276,80217%$1,387,11119%$7,329,7907%
2012$1,544,33410%$1,162,2836%$6,825,6393%
2011$1,722,652$1,231,021$6,655,257

Frequently Asked Questions

What does Olneyville Housing Corp do?

Olneyville Housing Corp is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Olneyville Housing Corp financially healthy?

Based on our 9-metric Financial Health Score model, Olneyville Housing Corp has a score of 78/100 (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 Olneyville Housing Corp generate?

Olneyville Housing Corp reports $7.1M in annual revenue and holds $27.0M in total assets, based on IRS filings.

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