Hedco Inc
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
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,502,536โ41% | $3,152,945โ12% | $35,604,811โ13% | |
| 2022 | $3,183,026โ58% | $3,590,996โ42% | $31,561,156 | โ |
| 2021 | $7,622,732โ223% | $6,160,200โ136% | $31,567,085โ22% | โ |
| 2020 | $2,358,931โ41% | $2,614,758โ11% | $40,245,972โ12% | โ |
| 2019 | $3,999,361โ23% | $2,363,667โ3% | $35,809,632โ3% | โ |
| 2018 | $3,261,087โ49% | $2,305,188โ24% | $34,886,548โ1% | โ |
| 2017 | $6,429,878โ37% | $3,040,824โ22% | $34,626,594โ6% | โ |
| 2016 | $4,708,971โ15% | $2,487,045โ3% | $32,645,193โ8% | โ |
| 2015 | $4,098,366โ89% | $2,564,263โ28% | $30,136,617โ6% | โ |
| 2014 | $2,171,894โ39% | $1,998,518โ17% | $28,492,411 | โ |
| 2013 | $3,579,159โ68% | $2,404,491โ26% | $28,606,269โ15% | โ |
| 2012 | $2,132,356 | $1,901,728 | $24,767,671 | โ |
Frequently Asked Questions
What does Hedco Inc do?โผ
Hedco Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hedco Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Hedco Inc 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 Hedco Inc generate?โผ
Hedco Inc reports $4.9M in annual revenue and holds $34.5M in total assets, based on IRS filings.
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