Delaware Healthcare Facilities Assn
EIN: 510283798 · Wilmington, DE · NTEE: S034
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $542K |
| Net Assets | $851K |
Is Delaware Healthcare Facilities Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Healthcare Facilities Assn
Delaware Healthcare Facilities Assn (EIN: 510283798) is a nonprofit organization based in Wilmington, DE, classified under NTEE code S034. The organization reported total revenue of $571K and total assets of $848K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Healthcare Facilities Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Healthcare Facilities Assn is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $542K |
| Surplus / Deficit | +$35K |
| Total Assets | $873K |
| Total Liabilities | $22K |
| Net Assets | $851K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2023, Delaware Healthcare Facilities Assn reported a surplus of $35K with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Delaware Healthcare Facilities Assn's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +7.0% | +6.8% |
| 2022 | -24.8% | +0.3% | +12.0% |
| 2021 | +87.6% | +9.1% | +63.5% |
| 2020 | -30.7% | +6.6% | -9.3% |
| 2019 | +23.4% | +2.0% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Healthcare Facilities Assn has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Delaware Healthcare Facilities Assn with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Delaware Healthcare Facilities Assn
Is Delaware Healthcare Facilities Assn a legitimate charity?
Delaware Healthcare Facilities Assn (EIN: 510283798) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $571K. No red flags identified. Financial health grade: A.
How does Delaware Healthcare Facilities Assn spend its money?
Delaware Healthcare Facilities Assn reported $571K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Healthcare Facilities Assn tax-deductible?
Delaware Healthcare Facilities Assn is registered as a tax-exempt nonprofit (EIN: 510283798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Healthcare Facilities Assn located?
Delaware Healthcare Facilities Assn is headquartered in Wilmington, Delaware and files with the IRS under EIN 510283798. It is classified under NTEE code S034.
How many years of IRS 990 filings does Delaware Healthcare Facilities Assn have?
Delaware Healthcare Facilities Assn has 13 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 $571K in total revenue.
Filing History
IRS 990 filing history for Delaware Healthcare Facilities Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delaware Healthcare Facilities Assn's revenue has grown by 44.5%, moving from $400K to $578K. Total assets increased by 157.9% over the same period, from $338K to $873K. Total functional expenses rose by 25.5%, from $432K to $542K. In its most recent filing year (2023), Delaware Healthcare Facilities Assn reported a surplus of $35K, with revenue exceeding expenses. The organization holds $22K in liabilities against $873K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $851K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $542K | $873K | $22K | — | View 990 |
| 2022 | $594K | $507K | $817K | $802 | — | View 990 |
| 2021 | $790K | $505K | $729K | $0 | — | View 990 |
| 2020 | $421K | $463K | $446K | $0 | — | View 990 |
| 2019 | $608K | $434K | $491K | $3K | — | View 990 |
| 2018 | $492K | $426K | $460K | $111K | — | View 990 |
| 2017 | $468K | $418K | $414K | $132K | — | View 990 |
| 2016 | $503K | $444K | $412K | $178K | — | View 990 |
| 2015 | $461K | $444K | $392K | $216K | — | View 990 |
| 2014 | $435K | $420K | $355K | $197K | — | View 990 |
| 2013 | $435K | $426K | $332K | $247K | — | View 990 |
| 2012 | $396K | $416K | $330K | $255K | — | View 990 |
| 2011 | $400K | $432K | $338K | $243K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $542K, and assets of $873K (revenue -2.7% year-over-year).
- 2022: Revenue of $594K, expenses of $507K, and assets of $817K (revenue -24.8% year-over-year).
- 2021: Revenue of $790K, expenses of $505K, and assets of $729K (revenue +87.6% year-over-year).
- 2020: Revenue of $421K, expenses of $463K, and assets of $446K (revenue -30.7% year-over-year).
- 2019: Revenue of $608K, expenses of $434K, and assets of $491K (revenue +23.4% year-over-year).
- 2018: Revenue of $492K, expenses of $426K, and assets of $460K (revenue +5.3% year-over-year).
- 2017: Revenue of $468K, expenses of $418K, and assets of $414K (revenue -7.1% year-over-year).
- 2016: Revenue of $503K, expenses of $444K, and assets of $412K (revenue +9.1% year-over-year).
- 2015: Revenue of $461K, expenses of $444K, and assets of $392K (revenue +6.1% year-over-year).
- 2014: Revenue of $435K, expenses of $420K, and assets of $355K (revenue -0.1% year-over-year).
- 2013: Revenue of $435K, expenses of $426K, and assets of $332K (revenue +10.0% year-over-year).
- 2012: Revenue of $396K, expenses of $416K, and assets of $330K (revenue -1.0% year-over-year).
- 2011: Revenue of $400K, expenses of $432K, and assets of $338K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Healthcare Facilities Assn:
Data Sources and Methodology
This transparency report for Delaware Healthcare Facilities Assn 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.