S — Community Improvement & Capacity BuildingEIN: 061466714· Ruling Year: 1997

Communicare Inc

North Haven, Connecticut

CHealth Score
44C

Financial Health Score

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

Below Average

💰
$6.1M
Total Revenue
📊
$6.1M
Total Expenses
🏦
-$8K
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+32.2%
Year-over-year change (2023 → 2024)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.00
Net assets divided by total expenses
Liabilities-to-Assets
100.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$6,126,623↑32%$6,106,716↑31%$1,606,297↓24%
2023$4,635,646↑42%$4,652,845↑42%$2,125,127↑83%
2022$3,254,470↑9%$3,269,954↑7%$1,162,731↑72%
2021$2,996,905↑13%$3,060,205↑15%$675,583↑43%
2020$2,659,356↑18%$2,656,435↑17%$473,058↑2%
2019$2,261,844↑6%$2,272,403↑5%$465,797↑54%
2018$2,133,311↓18%$2,171,590↓18%$301,496↓28%
2017$2,604,957↓1%$2,633,045↓1%$416,766↓8%
2016$2,632,895↓8%$2,666,633↓9%$451,877↓3%
2015$2,869,854↑5%$2,919,963↑5%$465,038↓26%
2014$2,731,358$2,771,610↑11%$627,233↓16%
2013$2,730,227↑33%$2,497,923↑21%$743,604↑185%
2012$2,057,923$2,067,141$260,944

Frequently Asked Questions

What does Communicare Inc do?▼

Communicare Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S50Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Communicare Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Communicare Inc has a score of 44/100 (Grade: C). 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 Communicare Inc generate?▼

Communicare Inc reports $5.8M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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