The Open Hearth Association
Hartford, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,625,026↓10% | $3,031,359↑5% | $4,483,922↑2% | — |
| 2022 | $2,928,883↑14% | $2,877,663↑10% | $4,394,708↓15% | — |
| 2021 | $2,580,455↑8% | $2,609,021↑5% | $5,178,820↓1% | — |
| 2020 | $2,383,670↑11% | $2,484,662↑3% | $5,248,169↑5% | — |
| 2019 | $2,156,149↓2% | $2,412,090↑1% | $4,991,454 | — |
| 2018 | $2,195,155↓2% | $2,390,967↑5% | $4,986,616↓11% | — |
| 2017 | $2,243,501↓15% | $2,279,505↓7% | $5,575,892↑3% | — |
| 2016 | $2,650,813↑12% | $2,443,601↓3% | $5,427,148↑4% | — |
| 2015 | $2,372,746↓3% | $2,518,198↓7% | $5,200,245↓4% | — |
| 2014 | $2,438,310↓3% | $2,710,364↑3% | $5,402,414↓6% | — |
| 2013 | $2,516,558↑15% | $2,641,762↑4% | $5,755,567↑4% | — |
| 2012 | $2,184,440↓7% | $2,541,456↓1% | $5,545,351↑2% | — |
| 2011 | $2,358,820 | $2,560,074 | $5,416,294 | — |
Frequently Asked Questions
What does The Open Hearth Association do?▼
The Open Hearth Association is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Open Hearth Association financially healthy?▼
Based on our 9-metric Financial Health Score model, The Open Hearth Association has a score of 63/100 (Grade: B). 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 The Open Hearth Association generate?▼
The Open Hearth Association reports $3.5M in annual revenue and holds $4.5M in total assets, based on IRS filings.
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