L โ€” Housing & ShelterEIN: 330468093ยท Ruling Year: 1996

Riverside Housing Development Corporation

Riverside, California

B-Health Score
51B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$4.1M
Total Revenue
๐Ÿ“Š
$5.0M
Total Expenses
๐Ÿฆ
$7.2M
Net Assets
๐Ÿ“‹
$28.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-23.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.43
Net assets divided by total expenses
Liabilities-to-Assets
79.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,066,421โ†“13%$5,013,494โ†‘8%$35,731,283โ†“2%
2022$4,699,812โ†‘3%$4,644,796โ†‘2%$36,307,163โ†‘2%
2021$4,567,899โ†‘13%$4,574,298โ†‘8%$35,448,091โ†‘1%
2020$4,056,855โ†“2%$4,250,121โ†‘11%$35,172,347โ†‘1%
2019$4,125,690โ†‘5%$3,832,468โ†“2%$34,774,012โ†‘5%
2018$3,922,708โ†‘17%$3,906,725โ†‘5%$33,261,104โ†‘1%
2017$3,357,070โ†‘2%$3,736,554โ†‘3%$32,784,713
2016$3,305,058โ†“6%$3,620,010โ†‘1%$32,821,976โ†‘2%
2015$3,498,364โ†“18%$3,594,233โ†‘6%$32,050,599โ†‘2%
2014$4,273,947โ†‘31%$3,387,420โ†‘4%$31,453,981โ†‘2%
2013$3,272,457โ†“2%$3,258,606โ†“7%$30,768,412โ†“8%
2012$3,348,297โ†‘1%$3,489,982โ†‘7%$33,400,764โ†‘4%
2011$3,301,952$3,250,885$32,027,589

Frequently Asked Questions

What does Riverside Housing Development Corporation do?โ–ผ

Riverside Housing Development 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 Riverside Housing Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Riverside Housing Development Corporation has a score of 51/100 (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 Riverside Housing Development Corporation generate?โ–ผ

Riverside Housing Development Corporation reports $4.8M in annual revenue and holds $34.6M in total assets, based on IRS filings.

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Riverside Housing Development Corporation โ€” Riverside, CA | GiveScope