LHousing & ShelterEIN: 232536730· Ruling Year: 1989

1260 Housing Development Corporation

Philadelphia, Pennsylvania

B-Health Score
49B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.84×
Peer Median12.01×
💰
$15.7M
Total Revenue
📊
$16.0M
Total Expenses
🏦
$45.5M
Net Assets
📋
$38.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
-2.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.84
Net assets divided by total expenses
Liabilities-to-Assets
45.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,658,9728%$16,034,8022%$83,745,8408%
2022$16,943,7892%$16,383,5343%$77,316,7072%
2021$16,577,13117%$15,918,8543%$75,955,66112%
2020$14,204,8215%$15,518,4961%$67,593,3807%
2019$14,927,03210%$15,599,5593%$72,872,1274%
2018$13,519,49514%$15,080,0611%$69,944,17710%
2017$15,795,373$14,956,9652%$63,636,4266%
2016$15,867,8634%$14,644,5726%$60,034,3078%
2015$16,528,3983%$13,751,74712%$55,399,0323%
2014$16,056,62711%$15,703,8381%$57,161,09117%
2013$18,044,1313%$15,855,44267%$48,808,9021%
2012$18,518,49523%$9,477,31125%$48,269,52311%
2011$15,083,477$12,661,396$43,619,976

Frequently Asked Questions

What does 1260 Housing Development Corporation do?

1260 Housing Development Corporation is a housing & shelter nonprofit organization based in Pennsylvania. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 1260 Housing Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, 1260 Housing Development Corporation has a score of 49/100 (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 1260 Housing Development Corporation generate?

1260 Housing Development Corporation reports $19.8M in annual revenue and holds $83.9M in total assets, based on IRS filings.

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1260 Housing Development Corporation — Philadelphia, PA | GiveScope