Albemarle Older Adult Housing Inc
Albemarle, North Carolina
CHealth Score
43C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$222K
Total Revenue
📊
$326K
Total Expenses
🏦
$1.4M
Net Assets
📋
$117K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-1.0%
Year-over-year change (2022 → 2023)
Net Margin
-46.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.22
Net assets divided by total expenses
Liabilities-to-Assets
7.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $222,036↓1% | $326,054↑7% | $1,491,044↓2% | — |
| 2022 | $224,348↑4% | $304,719↑12% | $1,522,693↓5% | — |
| 2021 | $216,235↓1% | $271,610↑6% | $1,595,600↓3% | — |
| 2020 | $218,041↑4% | $256,307↓10% | $1,643,641↓3% | — |
| 2019 | $209,929↑3% | $283,310↑19% | $1,697,847↓4% | — |
| 2018 | $204,638↑11% | $238,737↓9% | $1,760,920↓2% | — |
| 2017 | $183,543↑3% | $261,242↑2% | $1,801,734↓4% | — |
| 2016 | $177,602↑9% | $256,244↑15% | $1,870,199↓4% | — |
| 2015 | $162,883↑3% | $223,773↓2% | $1,951,497↓4% | — |
| 2014 | $158,478↑7% | $228,013↓2% | $2,031,707↓4% | — |
| 2013 | $147,777↓9% | $232,437↑10% | $2,110,758↓2% | — |
| 2012 | $163,135↑4% | $211,785↓9% | $2,162,094↓3% | — |
| 2011 | $157,298 | $231,613 | $2,226,357 | — |
Frequently Asked Questions
What does Albemarle Older Adult Housing Inc do?▼
Albemarle Older Adult Housing Inc 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 Albemarle Older Adult Housing Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Albemarle Older Adult Housing Inc.
How much revenue does Albemarle Older Adult Housing Inc generate?▼
Albemarle Older Adult Housing Inc reports $240K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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