New Bedford Economic Development Council Inc
New Bedford, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,383,460↑17% | $4,299,183↑114% | $5,597,517↓11% | |
| 2022 | $2,890,059↑19% | $2,008,196↑13% | $6,271,809↑25% | — |
| 2021 | $2,421,458↑90% | $1,771,112↑40% | $5,015,436↑13% | — |
| 2020 | $1,273,044↑5% | $1,267,294↑5% | $4,424,515↑1% | — |
| 2019 | $1,215,666↓2% | $1,203,724↓2% | $4,374,786↓2% | — |
| 2018 | $1,234,881↑24% | $1,225,198↑24% | $4,485,919↓3% | — |
| 2017 | $999,457↓34% | $990,284↓34% | $4,623,547↓11% | — |
| 2016 | $1,512,972↓16% | $1,489,738↓16% | $5,205,757↓3% | — |
| 2015 | $1,811,658↑28% | $1,782,509↑26% | $5,344,440↓1% | — |
| 2014 | $1,420,033↑14% | $1,412,374↑14% | $5,421,533↓8% | — |
| 2013 | $1,247,639↑24% | $1,241,765↑2% | $5,879,308↑3% | — |
| 2012 | $1,002,745 | $1,217,915 | $5,699,924 | — |
Frequently Asked Questions
What does New Bedford Economic Development Council Inc do?▼
New Bedford Economic Development Council Inc is a public & societal benefit nonprofit organization based in Massachusetts. It is classified under NTEE code W20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Bedford Economic Development Council Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Bedford Economic Development Council Inc has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Bedford Economic Development Council Inc generate?▼
New Bedford Economic Development Council Inc reports $3.6M in annual revenue and holds $5.7M in total assets, based on IRS filings.
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