Housing & Shelter
(L20)
IRS Verified
DX Registered
990 on File
ELDERLY HOUSING DEVELOPMENT AND OPERATIONS CORPORATION
Financial strength (30%)
61/100
Reliability (20%)
50/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$6.9M
Total Revenue
$9.9M
Total Expenses
$50.2M
Net Assets
49
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
56.6%
Fundraising Efficiency
N/A
Operating Reserve
60.70x
Liability-to-Asset
18.0%
Revenue Diversification
80.6%
Executive Compensation
$477K
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
|
56.6% | 86.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
41.5% | 10.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
60.7 mo | 12.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.0% | 40.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.6% | 90.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-11.2% | 5.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
86.7% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-42.8% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $6.9M | $9.9M | $50.2M | 56.6% | 49 |
| 2022 | $7.8M | $5.3M | $52.9M | 48.7% | 43 |
| 2021 | $6.9M | $4.4M | N/A | — | 32 |
| 2020 | $10.8M | $3.6M | N/A | — | 38 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.