LHousing & ShelterEIN: 870622732· Ruling Year: 1999

Rural Housing Development Corporation

Provo, Utah

B+Health Score
66B+

Financial Health Score

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

Good

💰
$2.3M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$18.0M
Net Assets
📋
$15.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.6%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.34
Net assets divided by total expenses
Liabilities-to-Assets
46.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,315,21915%$2,161,1492%$33,474,8376%
2022$2,710,32542%$2,214,5476%$31,533,0256%
2021$4,698,5055%$2,088,81810%$29,754,56221%
2020$4,475,390145%$1,906,0038%$24,614,39135%
2019$1,829,89057%$1,765,99010%$18,238,4276%
2018$4,257,31570%$1,607,3277%$19,443,80923%
2017$2,498,90217%$1,496,12321%$15,794,5112%
2016$2,996,52174%$1,239,1424%$15,542,92921%
2015$1,720,44836%$1,284,68425%$12,797,70614%
2014$1,263,12233%$1,029,0114%$11,196,4459%
2013$1,880,38025%$1,076,53515%$10,292,2313%
2012$1,507,88125%$932,3212%$10,013,6036%
2011$2,000,866$916,704$9,476,146

Frequently Asked Questions

What does Rural Housing Development Corporation do?

Rural Housing Development Corporation is a housing & shelter nonprofit organization based in Utah. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rural Housing Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Rural Housing Development Corporation has a score of 66/100 (Grade: B+). 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 Rural Housing Development Corporation generate?

Rural Housing Development Corporation reports $2.9M in annual revenue and holds $32.4M in total assets, based on IRS filings.

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