S — Community Improvement & Capacity BuildingEIN: 061549006· Ruling Year: 2000

Waterbury Development Corporation

Waterbury, Connecticut

CHealth Score
42C

Financial Health Score

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

Below Average

💰
$3.7M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$1.2M
Net Assets
📋
$6.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+54.1%
Year-over-year change (2022 → 2023)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
85.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,731,866↑54%$3,808,209↑41%$8,144,248↓5%
2022$2,421,027↓50%$2,694,678↓46%$8,604,069↓3%
2021$4,863,505↑8%$4,991,162↑16%$8,851,216↓11%
2020$4,487,317↓51%$4,304,328↓52%$9,912,324↓4%
2019$9,141,713↑193%$8,991,357↑186%$10,336,496↓10%
2018$3,120,799↓57%$3,144,862↓57%$11,423,634↓8%
2017$7,328,915↓15%$7,237,081↓11%$12,350,637↓52%
2016$8,584,928↓14%$8,162,036↓20%$25,706,790↑3%
2015$10,014,125↓2%$10,234,650↑3%$25,022,297↓6%
2014$10,173,294↑16%$9,898,607↑13%$26,535,932↑7%
2013$8,753,838↓3%$8,739,185↓4%$24,884,068↑4%
2012$9,057,009↑17%$9,139,094↑24%$23,876,293↑24%
2011$7,738,052$7,363,679$19,179,308

Frequently Asked Questions

What does Waterbury Development Corporation do?▼

Waterbury Development Corporation 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 Waterbury Development Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Waterbury Development Corporation has a score of 42/100 (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 Waterbury Development Corporation generate?▼

Waterbury Development Corporation reports $4.7M in annual revenue and holds $8.4M in total assets, based on IRS filings.

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