Charity Search / NUEVA ESPERANZA HOUSING AND ECONOMIC DEVELOPMENT
Housing & Shelter (L20) 990 on File

NUEVA ESPERANZA HOUSING AND ECONOMIC DEVELOPMENT

EIN: 23-2952060 · PHILADELPHIA, PA 19140-2615 · United States · FY 2023 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$1.3M
Total Revenue
$1.1M
Total Expenses
$1.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.2%
Fundraising Efficiency N/A
Operating Reserve 20.46x
Liability-to-Asset 63.6%
Revenue Diversification 93.6%
Executive Compensation $0
Compared with Peers
FY 2023
Compared with 3,477 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.2% 86.9%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.8% 10.8%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
20.5 mo 12.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
63.6% 40.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.6% 90.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
5.2% 5.3%
P10P90
Expense growth
Year over year expense growth
21.1% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
17.3% 1.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.3M $1.1M $1.8M 95.2% 0
2022 $1.2M $871K $2.4M 95.2% 10
2021 $2.2M $828K N/A — 10
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Organization Details
EIN
23-2952060
State
PA
City
PHILADELPHIA
ZIP
19140-2615
Classification
L20
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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