ZUnclassifiedEIN: 521347380· Ruling Year: 1984

Residential Corporation

Norfolk, Virginia

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.30×
Peer Median15.40×
💰
$1.8M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$6.3M
Net Assets
📋
$5.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+123.5%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.30
Net assets divided by total expenses
Liabilities-to-Assets
45.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,843,221123%$1,907,145118%$11,583,0992%
2022$824,78212%$875,6856%$11,817,0272%
2021$942,0114%$824,63912%$12,006,6171%
2020$976,30813%$734,28417%$12,095,558
2019$1,117,44821%$888,6939%$12,100,129
2018$921,93445%$816,95620%$12,102,2291%
2017$1,684,35726%$680,8682%$12,252,88826%
2016$1,334,85445%$670,4422%$9,722,41826%
2015$920,4111%$686,96911%$7,716,3371%
2014$926,50712%$773,46510%$7,646,102
2013$1,053,44723%$863,39010%$7,646,281
2012$1,363,163$783,360$7,609,466

Frequently Asked Questions

What does Residential Corporation do?

Residential Corporation is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Residential Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Residential 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 Residential Corporation generate?

Residential Corporation reports $7.4M in annual revenue and holds $16.8M in total assets, based on IRS filings.

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