Watertown Local Development Corporation
Watertown, New York
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $759,545↑95% | $1,060,489↑95% | $9,714,987↑1% | |
| 2022 | $388,647↓32% | $544,652↓35% | $9,579,121↓6% | — |
| 2021 | $569,962↑9% | $833,865↑39% | $10,149,008↓2% | — |
| 2020 | $523,278↑5% | $601,879↑32% | $10,372,173 | — |
| 2019 | $500,027↑2% | $455,798↓42% | $10,398,443↑3% | — |
| 2018 | $490,861↑7% | $781,812↑63% | $10,076,641↓4% | — |
| 2017 | $458,276↓4% | $479,049↑25% | $10,517,232 | — |
| 2016 | $477,285↑9% | $382,700↓40% | $10,475,396↑1% | — |
| 2015 | $438,608↑3% | $642,191↑80% | $10,422,580↓2% | — |
| 2014 | $424,319↓3% | $357,617↓3% | $10,668,569↑1% | — |
| 2013 | $436,495↓9% | $368,198↓35% | $10,571,543 | — |
| 2012 | $478,676↓1% | $570,809↑1% | $10,552,856 | — |
| 2011 | $483,537 | $564,800 | $10,593,968 | — |
Frequently Asked Questions
What does Watertown Local Development Corporation do?▼
Watertown Local Development Corporation is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Watertown Local Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Watertown Local Development Corporation has a score of 74/100 (Grade: B+). 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 Watertown Local Development Corporation generate?▼
Watertown Local Development Corporation reports $456K in annual revenue and holds $10.6M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in New York.