Milford Housing Development Corperation

Milford, Delaware

CHealth Score
40C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.87×
Peer Median12.01×
💰
$10.3M
Total Revenue
📊
$11.6M
Total Expenses
🏦
-$10.1M
Net Assets
📋
$43.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.2%
Year-over-year change (2022 → 2023)
Net Margin
-13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.87
Net assets divided by total expenses
Liabilities-to-Assets
130.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,266,4003%$11,627,6936%$33,484,0145%
2022$10,610,8663%$10,971,7728%$32,022,7448%
2021$10,337,52517%$10,122,3633%$34,677,40112%
2020$12,513,66315%$10,399,36325%$39,375,82312%
2019$14,754,36749%$13,952,53319%$44,806,2405%
2018$9,869,77922%$11,757,17055%$47,239,306103%
2017$8,076,99432%$7,579,74414%$23,214,80110%
2016$6,122,13416%$6,672,389$21,145,83335%
2015$7,306,60029%$6,660,8591%$15,716,8681%
2014$5,656,3085%$6,611,57020%$15,942,7281%
2013$5,935,70519%$5,519,02420%$16,158,5599%
2012$5,005,27816%$4,587,06112%$14,887,6671%
2011$4,303,680$4,098,264$14,987,927

Frequently Asked Questions

What does Milford Housing Development Corperation do?

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

Is Milford Housing Development Corperation financially healthy?

Based on our 9-metric Financial Health Score model, Milford Housing Development Corperation has a score of 40/100 (Grade: C). 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 Milford Housing Development Corperation generate?

Milford Housing Development Corperation reports $19.0M in annual revenue and holds $34.0M in total assets, based on IRS filings.

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