ZUnclassifiedEIN: 230670840· Ruling Year: 1943

Hanover Home Association

Hanover, Pennsylvania

AHealth Score
87A

Financial Health Score

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

Excellent

💰
$923K
Total Revenue
📊
$709K
Total Expenses
🏦
$1.2M
Net Assets
📋
$8K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.7%
Year-over-year change (2022 → 2023)
Net Margin
+23.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.64
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$923,0369%$708,7272%$1,167,82922%
2022$849,31346%$692,23628%$958,97859%
2021$583,54275%$542,67019%$604,76126%
2020$333,96259%$454,36045%$480,24810%
2019$820,269$819,1713%$532,7631%
2018$818,6688%$842,99917%$528,0255%
2017$757,3234%$719,5033%$558,0357%
2016$786,45813%$741,9543%$521,23310%
2015$698,6281%$720,4967%$474,7985%
2014$691,1498%$773,2801%$498,62513%
2013$752,1218%$779,2656%$574,3865%
2012$813,54910%$829,52622%$602,9273%
2011$738,607$678,799$618,724

Frequently Asked Questions

What does Hanover Home Association do?

Hanover Home Association is a unclassified nonprofit organization based in Pennsylvania. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hanover Home Association financially healthy?

Based on our 9-metric Financial Health Score model, Hanover Home Association 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 Hanover Home Association generate?

Hanover Home Association reports $904K in annual revenue and holds $1.3M in total assets, based on IRS filings.

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