S โ€” Community Improvement & Capacity BuildingEIN: 900077585ยท Ruling Year: 2005

Washington Multi-family Housing Association

Renton, Washington

B+Health Score
67B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$3.2M
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
$302K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-24.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
14.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,554,797โ†“9%$3,183,215โ†‘10%$2,098,998โ†“17%
2022$2,810,390โ†‘20%$2,889,315โ†‘49%$2,535,688โ†“14%
2021$2,345,053โ†‘5%$1,936,914โ†‘9%$2,948,737โ†‘30%
2020$2,242,887โ†“11%$1,783,644โ†“15%$2,276,489โ†‘13%
2019$2,507,573โ†‘18%$2,110,067โ†‘18%$2,023,502โ†‘28%
2018$2,118,805โ†‘12%$1,786,287โ†‘12%$1,580,994โ†‘31%
2017$1,900,048โ†‘25%$1,593,645โ†‘14%$1,209,502โ†‘43%
2016$1,525,079โ†‘10%$1,395,725โ†‘25%$845,327โ†‘28%
2015$1,385,462โ†‘39%$1,118,666โ†‘20%$659,877โ†‘72%
2014$998,442โ†‘21%$932,720โ†‘18%$384,745โ†‘39%
2013$826,911โ†‘20%$791,840โ†‘28%$277,000โ†‘17%
2012$686,863โ†‘2%$620,174โ†“12%$237,513โ†‘51%
2011$670,301$701,450$157,555

Frequently Asked Questions

What does Washington Multi-family Housing Association do?โ–ผ

Washington Multi-family Housing Association is a community improvement & capacity building nonprofit organization based in Washington. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Washington Multi-family Housing Association financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Washington Multi-family Housing Association has a score of 67/100 (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 Washington Multi-family Housing Association generate?โ–ผ

Washington Multi-family Housing Association reports $3.9M in annual revenue and holds $3.3M in total assets, based on IRS filings.

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Washington Multi-family Housing Association โ€” Renton, WA | GiveScope