EHealth CareEIN: 060986747· Ruling Year: 1979

Charter Oak Health Center Inc

Hartford, Connecticut

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.15×
Peer Median8.62×
💰
$22.3M
Total Revenue
📊
$22.2M
Total Expenses
🏦
$25.6M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.15
Net assets divided by total expenses
Liabilities-to-Assets
9.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$22,265,0591%$22,237,7321%$28,304,2872%
2022$22,445,09516%$21,923,8781%$28,914,563
2021$26,637,14817%$22,113,9792%$28,788,0989%
2020$22,745,6869%$21,623,528$26,296,92814%
2019$24,860,41316%$21,659,1049%$22,986,3924%
2018$21,487,6709%$19,935,0169%$22,125,9254%
2017$19,759,16112%$18,369,3005%$21,176,5414%
2016$17,709,0495%$17,417,1687%$20,413,3411%
2015$16,839,07719%$18,697,65518%$20,722,65210%
2014$20,725,9862%$22,733,0631%$23,057,7191%
2013$20,385,4812%$22,474,64011%$23,226,8187%
2012$19,917,41932%$25,276,36424%$24,973,22110%
2011$29,303,852$20,313,133$27,838,355

Frequently Asked Questions

What does Charter Oak Health Center Inc do?

Charter Oak Health Center Inc is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E320 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Charter Oak Health Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Charter Oak Health Center Inc has a score of 78/100 (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 Charter Oak Health Center Inc generate?

Charter Oak Health Center Inc reports $24.0M in annual revenue and holds $27.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Connecticut.