New Directions Housing Corporation
Louisville, Kentucky
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 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $21,004,769↑116% | $12,338,105↑8% | $33,651,135↑28% | |
| 2022 | $9,717,897↓2% | $11,385,018↑15% | $26,198,596↓6% | — |
| 2021 | $9,868,214↑26% | $9,869,389↑28% | $27,737,851↑21% | — |
| 2020 | $7,845,904↑4% | $7,685,745↑7% | $22,895,901↓3% | — |
| 2019 | $7,553,800↑19% | $7,173,453↓1% | $23,610,129↓5% | — |
| 2018 | $6,350,807↓2% | $7,234,088↓4% | $24,866,443↓6% | — |
| 2017 | $6,477,236↓15% | $7,499,438↑9% | $26,574,206↓3% | — |
| 2016 | $7,657,097↑24% | $6,897,895↑13% | $27,426,164↑5% | — |
| 2015 | $6,159,554↓13% | $6,122,838↓14% | $26,122,018↓4% | — |
| 2014 | $7,040,841↓14% | $7,133,965↑3% | $27,243,306↑1% | — |
| 2013 | $8,156,855↑33% | $6,933,655↑19% | $27,060,296↑24% | — |
| 2012 | $6,116,545↓6% | $5,811,024↓1% | $21,736,748↑6% | — |
| 2011 | $6,477,289 | $5,882,923 | $20,495,353 | — |
Frequently Asked Questions
What does New Directions Housing Corporation do?▼
New Directions Housing Corporation is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Directions Housing Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, New Directions Housing Corporation has a score of 82/100 (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 New Directions Housing Corporation generate?▼
New Directions Housing Corporation reports $17.1M in annual revenue and holds $38.3M in total assets, based on IRS filings.
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