Aquinas Housing Corporation
Aquinas Housing Corporation consistently grows assets and operates without officer compensation.
EIN: 133076810 · Bronx, NY · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| Net Assets | $4.4M |
| Transparency Score | 92/100 |
Is Aquinas Housing Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aquinas Housing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aquinas Housing Corporation
Aquinas Housing Corporation (EIN: 133076810) is a nonprofit organization based in Bronx, NY, classified under NTEE code L20Z. The organization reported total revenue of $4.3M and total assets of $21.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aquinas Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aquinas Housing Corporation is a mid-size nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$314K |
| Total Assets | $21.4M |
| Total Liabilities | $16.9M |
| Net Assets | $4.4M |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 79.3% |
| Months of Reserves | 65.4 months |
Financial Health Grade: A
In 2022, Aquinas Housing Corporation reported a surplus of $314K with revenue exceeding expenses, holds 65.4 months of operating reserves (strong position), has a debt-to-asset ratio of 79.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Aquinas Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4.9% | +2.7% | +9.9% |
| 2021 | +3.2% | +34.2% | +0.6% |
| 2020 | +22.0% | -3.0% | +7.8% |
| 2019 | -10.2% | -6.6% | +1.2% |
| 2018 | +11.8% | +14.4% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aquinas Housing Corporation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Aquinas Housing Corporation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $314K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.3%.
Executive Compensation Analysis
Aquinas Housing Corporation reports 0% officer compensation across all available filings, indicating that no officers are compensated by the organization. This suggests a highly efficient allocation of resources, potentially maximizing funds directed towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Aquinas Housing Corporation:
- Consistent asset growth, from $1.4M in 2013 to $21.3M in 2022.
- Zero reported officer compensation across all 12 filings, indicating high efficiency.
- Consistent revenue growth, from $736,917 in 2013 to $4,231,136 in 2022.
- Healthy surplus generation, with revenues consistently exceeding expenses.
- Strong financial stability with a growing asset base and manageable liabilities.
Frequently Asked Questions about Aquinas Housing Corporation
Is Aquinas Housing Corporation a legitimate charity?
Aquinas Housing Corporation (EIN: 133076810) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Aquinas Housing Corporation spend its money?
Aquinas Housing Corporation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Aquinas Housing Corporation tax-deductible?
Aquinas Housing Corporation is registered as a tax-exempt nonprofit (EIN: 133076810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aquinas Housing Corporation's spending goes to programs?
Aquinas Housing Corporation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aquinas Housing Corporation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Aquinas Housing Corporation is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aquinas Housing Corporation located?
Aquinas Housing Corporation is headquartered in Bronx, New York and files with the IRS under EIN 133076810. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Aquinas Housing Corporation have?
Aquinas Housing Corporation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Is Aquinas Housing Corporation a good charity?
Based on the provided financial data, Aquinas Housing Corporation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing resources to its mission by reporting 0% officer compensation across all filings.
How has Aquinas Housing Corporation's financial health changed over time?
Aquinas Housing Corporation has shown significant financial growth and stability over time. Its assets have grown from $1,438,677 in 2013 to $21,351,354 in 2022, and revenue has increased from $736,917 to $4,231,136 in the same period, indicating robust and sustained financial health.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, as it consistently reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, allowing more funds to be allocated to programs.
Filing History
IRS 990 filing history for Aquinas Housing Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Aquinas Housing Corporation's revenue has grown by 888.4%, moving from $428K to $4.2M. Total assets increased by 991.3% over the same period, from $2.0M to $21.4M. Total functional expenses rose by 476.9%, from $679K to $3.9M. In its most recent filing year (2022), Aquinas Housing Corporation reported a surplus of $314K, with revenue exceeding expenses. The organization holds $16.9M in liabilities against $21.4M in assets (debt-to-asset ratio: 79.3%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.2M | $3.9M | $21.4M | $16.9M | — | — |
| 2021 | $4.0M | $3.8M | $19.4M | $15.3M | — | View 990 |
| 2020 | $3.9M | $2.8M | $19.3M | $15.4M | — | View 990 |
| 2019 | $3.2M | $2.9M | $17.9M | $15.1M | — | View 990 |
| 2018 | $3.6M | $3.1M | $17.7M | $15.2M | — | View 990 |
| 2017 | $3.2M | $2.7M | $16.4M | $14.3M | — | View 990 |
| 2016 | $2.6M | $2.5M | $16.1M | $14.4M | — | View 990 |
| 2015 | $1.7M | $1.5M | $11.8M | $10.1M | — | View 990 |
| 2014 | $1.8M | $796K | $2.0M | $312K | — | View 990 |
| 2013 | $737K | $645K | $1.4M | $900K | — | View 990 |
| 2012 | $516K | $688K | $2.1M | $1.1M | — | View 990 |
| 2011 | $428K | $679K | $2.0M | $766K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.2M, expenses of $3.9M, and assets of $21.4M (revenue +4.9% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.8M, and assets of $19.4M (revenue +3.2% year-over-year).
- 2020: Revenue of $3.9M, expenses of $2.8M, and assets of $19.3M (revenue +22.0% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.9M, and assets of $17.9M (revenue -10.2% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.1M, and assets of $17.7M (revenue +11.8% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.7M, and assets of $16.4M (revenue +24.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.5M, and assets of $16.1M (revenue +47.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $11.8M (revenue -4.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $796K, and assets of $2.0M (revenue +146.0% year-over-year).
- 2013: Revenue of $737K, expenses of $645K, and assets of $1.4M (revenue +42.8% year-over-year).
- 2012: Revenue of $516K, expenses of $688K, and assets of $2.1M (revenue +20.6% year-over-year).
- 2011: Revenue of $428K, expenses of $679K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aquinas Housing Corporation:
Data Sources and Methodology
This transparency report for Aquinas Housing Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.