LHousing & ShelterEIN: 237089977· Ruling Year: 1971

Midpen Housing Corporation

Foster City, California

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org7.85×
Peer Median12.01×
💰
$55.7M
Total Revenue
📊
$36.5M
Total Expenses
🏦
$286.4M
Net Assets
📋
$52.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.2%
Year-over-year change (2022 → 2023)
Net Margin
+34.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.85
Net assets divided by total expenses
Liabilities-to-Assets
15.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$55,697,58310%$36,466,3285%$339,062,14212%
2022$62,012,58722%$38,296,66871%$303,587,0019%
2021$50,937,72422%$22,454,29510%$279,122,90216%
2020$65,229,13742%$25,042,30623%$240,705,92029%
2019$45,987,69582%$20,382,8857%$187,155,71921%
2018$25,272,01819%$19,039,87610%$154,540,5275%
2017$31,164,39781%$17,278,29816%$146,724,71913%
2016$17,238,02210%$14,879,14815%$130,196,5283%
2015$19,086,48215%$12,968,23714%$126,422,2496%
2014$22,346,84463%$11,421,54624%$119,238,47210%
2013$13,746,36215%$9,231,89510%$108,586,9927%
2012$11,976,8369%$8,416,1921%$101,893,8084%
2011$10,957,997$8,361,397$98,376,011

Frequently Asked Questions

What does Midpen Housing Corporation do?

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

Is Midpen Housing Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Midpen Housing Corporation has a score of 78/100 (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 Midpen Housing Corporation generate?

Midpen Housing Corporation reports $55.4M in annual revenue and holds $359.1M in total assets, based on IRS filings.

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Midpen Housing Corporation — Foster City, CA | GiveScope