Waterbury Development Corporation
Waterbury, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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 $3.3M in annual revenue and holds $8.1M in total assets, based on IRS filings.
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