LHousing & ShelterEIN: 237431255· Ruling Year: 1976

Housing Assistance Corporation

Hyannis, Massachusetts

B+Health Score
73B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.31×
Peer Median12.01×
💰
$37.1M
Total Revenue
📊
$36.2M
Total Expenses
🏦
$11.3M
Net Assets
📋
$10.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.2%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.31
Net assets divided by total expenses
Liabilities-to-Assets
47.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$37,056,4412%$36,207,0961%$21,329,1674%
2022$36,246,80714%$35,829,88418%$20,544,37212%
2021$31,840,07316%$30,324,05914%$23,451,62321%
2020$27,429,0958%$26,518,9605%$19,460,97823%
2019$25,334,4113%$25,188,3895%$15,865,3422%
2018$24,627,526$24,064,0523%$16,205,39227%
2017$24,515,08723%$24,712,73720%$22,225,39932%
2016$31,756,18037%$30,929,08342%$16,894,2622%
2015$23,197,0571%$21,833,6282%$16,504,47212%
2014$23,015,8002%$22,348,970$14,724,70818%
2013$22,596,1632%$22,285,8732%$12,525,2736%
2012$22,085,3975%$21,752,7064%$11,831,49711%
2011$21,092,960$21,001,351$13,291,672

Frequently Asked Questions

What does Housing Assistance Corporation do?

Housing Assistance Corporation is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Assistance Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Housing Assistance Corporation has a score of 73/100 (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 Housing Assistance Corporation generate?

Housing Assistance Corporation reports $47.6M in annual revenue and holds $28.4M in total assets, based on IRS filings.

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