L — Housing & ShelterEIN: 821235705· Ruling Year: 2017

Elevate Housing Foundation

Lincolnwood, Illinois

CHealth Score
37C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-1.06×
Peer Median12.01×
💰
$26.4M
Total Revenue
📊
$27.1M
Total Expenses
🏦
-$28.7M
Net Assets
📋
$65.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.06
Net assets divided by total expenses
Liabilities-to-Assets
178.0%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$26,409,094↑8%$27,119,201↑8%$36,757,046↑13%
2022$24,527,753↑24%$25,031,429$32,604,403↑15%
2021$19,775,453↑3%$25,146,833↑13%$28,372,310↓16%
2020$19,130,686↑35%$22,230,167↑35%$33,651,372↑3%
2019$14,186,749↑194%$16,407,525↑187%$32,627,581↑271%
2018$4,817,960$5,722,000↑6448%$8,785,799↑878579800%
2017$0$87,386$1

Frequently Asked Questions

What does Elevate Housing Foundation do?▼

Elevate Housing Foundation is a housing & shelter nonprofit organization based in Illinois. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elevate Housing Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Elevate Housing Foundation has a score of 37/100 (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 Elevate Housing Foundation generate?▼

Elevate Housing Foundation reports $28.9M in annual revenue and holds $43.0M in total assets, based on IRS filings.

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Elevate Housing Foundation — Lincolnwood, IL | GiveScope