Charity Search / VERA FRENCH HOUSING CORPORATION
Housing & Shelter (L99Z) 990 on File

VERA FRENCH HOUSING CORPORATION

EIN: 42-1427313 · DAVENPORT, IA 52806-6004 · United States · FY 2023 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 95/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$1.1M
Total Revenue
$840K
Total Expenses
$1.3M
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.7%
Fundraising Efficiency N/A
Operating Reserve 19.06x
Liability-to-Asset 34.5%
Revenue Diversification 54.2%
Executive Compensation $105K
Compared with Peers
FY 2023
Compared with 7,651 similar organizations (United States, Housing & Shelter, $100K–$1M 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
78.7% 87.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.3% 11.6%
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
19.1 mo 13.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
34.5% 27.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
54.2% 92.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
63.2% 4.4%
P10P90
Expense growth
Year over year expense growth
16.5% 4.9%
P10P90
Surplus margin
Surplus as a share of revenue
20.3% -7.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.1M $840K $1.3M 78.7% 10
2022 $645K $721K $1.2M 84.7% 10
2021 $659K $579K N/A 9
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Organization Details
EIN
42-1427313
State
IA
City
DAVENPORT
ZIP
52806-6004
Classification
L99Z
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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