LHousing & ShelterEIN: 231664406· Ruling Year: 1967

Philadelphia Housing Development Corporation

Philadelphia, Pennsylvania

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 17 peers in Housing & Shelter with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median0.18×
💰
$179.7M
Total Revenue
📊
$161.0M
Total Expenses
🏦
$25.6M
Net Assets
📋
$135.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-27.3%
Year-over-year change (2022 → 2023)
Net Margin
+10.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
84.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$179,724,18927%$160,966,53533%$160,832,92098%
2022$247,066,07966%$241,946,22975%$81,202,28816%
2021$149,141,04491%$137,891,40078%$69,909,30343%
2020$78,243,95981%$77,469,46985%$48,929,218448%
2019$43,246,92917%$41,807,2757%$8,923,1407%
2018$36,984,06540%$38,904,74250%$9,576,7168%
2017$26,387,74911%$26,017,3237%$10,431,9237%
2016$23,805,82612%$24,346,23214%$11,183,4004%
2015$21,192,9906%$21,278,1427%$10,718,37926%
2014$22,619,67910%$22,861,9619%$8,494,66511%
2013$25,009,73220%$25,119,59220%$9,584,0407%
2012$31,454,91219%$31,322,97519%$10,265,82216%
2011$38,862,299$38,815,948$12,153,582

Frequently Asked Questions

What does Philadelphia Housing Development Corporation do?

Philadelphia Housing Development Corporation is a housing & shelter nonprofit organization based in Pennsylvania. It is classified under NTEE code L250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Philadelphia Housing Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Philadelphia Housing Development Corporation has a score of 57/100 (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 Philadelphia Housing Development Corporation generate?

Philadelphia Housing Development Corporation reports $178.2M in annual revenue and holds $147.3M in total assets, based on IRS filings.

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