Housing Initiatives Of New England
Scarborough, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $30,556,443↑142% | $3,197,692↓17% | $101,529,619↑27% | — |
| 2022 | $12,614,146↑79% | $3,848,180↑7% | $80,202,462↑6% | — |
| 2021 | $7,030,512↓29% | $3,580,578↓9% | $75,729,157↑7% | — |
| 2020 | $9,874,060↑64% | $3,936,888 | $70,845,809↑7% | — |
| 2019 | $6,023,602↓48% | $3,929,633↓4% | $66,366,518↑10% | — |
| 2018 | $11,522,689↑102% | $4,105,560↓18% | $60,144,308↑4% | — |
| 2017 | $5,691,426↓18% | $5,032,664↑5% | $58,099,359↑2% | — |
| 2016 | $6,934,867↑7% | $4,795,615↑12% | $56,707,131↑5% | — |
| 2015 | $6,500,370↓26% | $4,297,979↓17% | $54,161,496↑2% | — |
| 2014 | $8,726,475↑59% | $5,166,012↑6% | $52,897,318↑3% | — |
| 2013 | $5,492,703↑3% | $4,854,845 | $51,131,333↑3% | — |
| 2012 | $5,356,825↓2% | $4,834,488↑10% | $49,644,498↑2% | — |
| 2011 | $5,472,855 | $4,405,364 | $48,677,627 | — |
Frequently Asked Questions
What does Housing Initiatives Of New England do?▼
Housing Initiatives Of New England is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Housing Initiatives Of New England financially healthy?▼
Based on our 9-metric Financial Health Score model, Housing Initiatives Of New England has a score of 87/100 (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 Housing Initiatives Of New England generate?▼
Housing Initiatives Of New England reports $6.2M in annual revenue and holds $106.0M in total assets, based on IRS filings.
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