Housing & Shelter
(L20Z)
990 on File
NORFOLK HOUSING DEVELOPMENT FUND COMPANY INC
Financial strength (30%)
34/100
Reliability (20%)
55/100
Effectiveness (25%)
45/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$188K
Total Revenue
$186K
Total Expenses
$-368,560
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
55.4%
Fundraising Efficiency
N/A
Operating Reserve
-23.74x
Liability-to-Asset
188.3%
Revenue Diversification
100.0%
Executive Compensation
$56K
Compared with Peers
FY 2025
Compared with 2,936 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2025.
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
|
55.4% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
44.6% | 11.8% |
P10P90
|
Bottom 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
|
-23.7 mo | 13.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
188.3% | 21.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 90.8% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
0.7% | -6.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $188K | $186K | $-368,560 | 55.4% | 2 |
| 2023 | $216K | $180K | $-381,696 | 66.1% | 1 |
| 2022 | $177K | $190K | $-417,624 | 68.5% | 2 |
| 2021 | $170K | $186K | N/A | — | 2 |
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