LHousing & ShelterEIN: 561878125· Ruling Year: 2000

Burlington Development Corporation

Burlington, North Carolina

B+Health Score
67B+

Financial Health Score

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

Good

💰
$152K
Total Revenue
📊
$188K
Total Expenses
🏦
$13.7M
Net Assets
📋
$92K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.8%
Year-over-year change (2022 → 2023)
Net Margin
-23.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
73.17
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$151,7326%$187,65074%$13,823,097569%
2022$143,41370%$107,9025%$2,066,9872%
2021$472,843139%$102,63439%$2,030,75622%
2020$198,04229%$168,58824%$1,659,028
2019$153,01315%$220,99271%$1,657,8223%
2018$132,73418%$129,33917%$1,700,928
2017$112,57969%$156,44048%$1,706,7892%
2016$365,92212%$300,250$1,743,6444%
2015$325,5281125%$300,668521%$1,676,7672%
2014$26,5722%$48,3923%$1,647,9051%
2013$27,0651%$49,9248%$1,658,6011%
2012$27,25356%$54,13824%$1,680,8055%
2011$61,504$71,643$1,761,321

Frequently Asked Questions

What does Burlington Development Corporation do?

Burlington Development Corporation is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Burlington Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Burlington Development Corporation has a score of 67/100 (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 Burlington Development Corporation generate?

Burlington Development Corporation reports $3.2M in annual revenue and holds $20.3M in total assets, based on IRS filings.

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