L โ€” Housing & ShelterEIN: 726019412ยท Ruling Year: 1964

Providence Housing Corporation

New Orleans, Louisiana

CHealth Score
44C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$3.7M
Total Revenue
๐Ÿ“Š
$3.7M
Total Expenses
๐Ÿฆ
-$1.3M
Net Assets
๐Ÿ“‹
$32.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.0%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.36
Net assets divided by total expenses
Liabilities-to-Assets
104.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,668,950$3,657,935$30,676,877โ†“3%
2023$3,667,120โ†‘24%$3,647,893โ†“72%$31,508,699โ†“3%
2022$2,948,936โ†“2%$12,948,527โ†‘332%$32,358,561โ†“3%
2021$3,004,270$2,997,492โ†‘4%$33,349,833โ†“2%
2020$3,009,876$2,875,606โ†‘2%$34,183,956โ†“3%
2019$3,020,150โ†‘18%$2,810,557โ†‘18%$35,081,444โ†“3%
2018$2,563,520$2,376,548โ†“5%$36,162,987โ†‘21%
2017$2,554,932$2,496,862โ†‘2%$29,928,997โ†‘2%
2016$2,559,343$2,441,832$29,417,007โ†“2%
2015$2,551,166$2,438,211โ†‘1%$30,142,113โ†“2%
2014$2,540,437$2,424,534โ†“2%$30,854,383โ†‘5%
2013$2,544,830$2,464,304$29,468,055โ†“2%
2012$2,542,702$2,463,372$30,010,140

Frequently Asked Questions

What does Providence Housing Corporation do?โ–ผ

Providence Housing Corporation is a housing & shelter nonprofit organization based in Louisiana. It is classified under NTEE code L25Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Providence Housing Corporation has a score of 44/100 (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 Providence Housing Corporation generate?โ–ผ

Providence Housing Corporation reports $3.7M in annual revenue and holds $29.7M in total assets, based on IRS filings.

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Providence Housing Corporation โ€” New Orleans, LA | GiveScope