LHousing & ShelterEIN: 231861343· Ruling Year: 2011

Housing Development Corporation Midatlantic

Lancaster, Pennsylvania

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.34×
Peer Median12.01×
💰
$15.9M
Total Revenue
📊
$13.4M
Total Expenses
🏦
$17.9M
Net Assets
📋
$9.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.0%
Year-over-year change (2022 → 2023)
Net Margin
+15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
34.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,903,02539%$13,394,31820%$27,194,55710%
2022$11,443,5314%$11,202,2681%$24,727,8931%
2021$11,939,67114%$11,341,9256%$24,908,22614%
2020$10,483,2183%$10,671,3311%$21,847,5903%
2019$10,772,8442%$10,520,0092%$21,240,0401%
2018$11,048,13516%$10,292,9667%$21,006,9666%
2017$9,514,8642%$9,605,4468%$19,804,91215%
2016$9,682,3097%$8,858,2044%$17,243,7648%
2015$10,448,67826%$8,510,42013%$15,936,1742%
2014$8,272,6834%$7,550,6102%$16,295,27225%
2013$7,989,7776%$7,396,87013%$13,002,43746%
2012$7,552,06716%$6,546,9748%$8,904,57612%
2011$6,522,288$6,061,075$7,920,696

Frequently Asked Questions

What does Housing Development Corporation Midatlantic do?

Housing Development Corporation Midatlantic is a housing & shelter nonprofit organization based in Pennsylvania. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Development Corporation Midatlantic financially healthy?

Based on our 9-metric Financial Health Score model, Housing Development Corporation Midatlantic has a score of 88/100 (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 Development Corporation Midatlantic generate?

Housing Development Corporation Midatlantic reports $15.6M in annual revenue and holds $31.7M in total assets, based on IRS filings.

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