LHousing & ShelterEIN: 611253346· Ruling Year: 1994

Housing Development Alliance Inc

Hazard, Kentucky

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.46×
Peer Median12.01×
💰
$8.3M
Total Revenue
📊
$5.3M
Total Expenses
🏦
$7.8M
Net Assets
📋
$3.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.8%
Year-over-year change (2022 → 2023)
Net Margin
+35.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.46
Net assets divided by total expenses
Liabilities-to-Assets
32.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,262,09528%$5,324,94314%$11,465,69047%
2022$6,464,58865%$6,202,07264%$7,805,0874%
2021$3,911,38314%$3,784,47218%$8,159,78810%
2020$4,552,6329%$4,613,76922%$7,400,4848%
2019$4,191,69615%$3,781,1941%$6,870,02110%
2018$3,636,15416%$3,827,4795%$6,273,406
2017$4,314,635$4,023,9377%$6,304,5655%
2016$4,305,2999%$4,313,1037%$6,007,9822%
2015$3,945,94511%$4,014,8704%$6,111,745
2014$4,429,8531%$4,186,9461%$6,082,5818%
2013$4,463,0053%$4,131,6011%$6,589,6103%
2012$4,345,66324%$4,152,40132%$6,373,360
2011$3,492,039$3,136,101$6,378,654

Frequently Asked Questions

What does Housing Development Alliance Inc do?

Housing Development Alliance Inc is a housing & shelter nonprofit organization based in Kentucky. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Development Alliance Inc financially healthy?

Based on our 9-metric Financial Health Score model, Housing Development Alliance Inc has a score of 88/100 (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 Housing Development Alliance Inc generate?

Housing Development Alliance Inc reports $10.8M in annual revenue and holds $12.0M in total assets, based on IRS filings.

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Housing Development Alliance Inc — Hazard, KY | GiveScope