SCommunity 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$6,126,62332%$6,106,71631%$1,606,29724%
2023$4,635,64642%$4,652,84542%$2,125,12783%
2022$3,254,4709%$3,269,9547%$1,162,73172%
2021$2,996,90513%$3,060,20515%$675,58343%
2020$2,659,35618%$2,656,43517%$473,0582%
2019$2,261,8446%$2,272,4035%$465,79754%
2018$2,133,31118%$2,171,59018%$301,49628%
2017$2,604,9571%$2,633,0451%$416,7668%
2016$2,632,8958%$2,666,6339%$451,8773%
2015$2,869,8545%$2,919,9635%$465,03826%
2014$2,731,358$2,771,61011%$627,23316%
2013$2,730,22733%$2,497,92321%$743,604185%
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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