Literacy Volunteers Of Central Connecticut Inc
New Britain, Connecticut
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$360K
Total Revenue
📊
$327K
Total Expenses
🏦
$248K
Net Assets
📋
$14K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+8.3%
Year-over-year change (2023 → 2024)
Net Margin
+9.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.76
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $359,595↑8% | $326,902↑5% | $262,709↑17% | — |
| 2023 | $331,936↑8% | $311,349↑6% | $224,138↑14% | — |
| 2022 | $308,088↓14% | $293,092↑6% | $196,321↑2% | — |
| 2021 | $359,930↑33% | $277,292↑14% | $191,614↑51% | — |
| 2020 | $271,457↓8% | $243,057↓13% | $127,162↑29% | — |
| 2019 | $295,905↑12% | $277,965↑2% | $98,683↑63% | — |
| 2018 | $263,693↓2% | $273,633↓1% | $60,360↓4% | — |
| 2017 | $270,243↑10% | $275,021↓1% | $62,624↓3% | — |
| 2016 | $246,303↓16% | $278,386↓7% | $64,443↓35% | — |
| 2015 | $293,428 | $298,565 | $98,720↓5% | — |
| 2014 | $293,116↓22% | $299,332↓22% | $103,516↓4% | — |
| 2013 | $374,020↑41% | $384,740↑40% | $107,530↓7% | — |
| 2012 | $264,570↓20% | $273,977↓6% | $115,823↓7% | — |
| 2011 | $329,970 | $292,363 | $124,332 | — |
Frequently Asked Questions
What does Literacy Volunteers Of Central Connecticut Inc do?▼
Literacy Volunteers Of Central Connecticut Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Volunteers Of Central Connecticut Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Volunteers Of Central Connecticut Inc.
How much revenue does Literacy Volunteers Of Central Connecticut Inc generate?▼
Literacy Volunteers Of Central Connecticut Inc reports $593K in annual revenue and holds $507K in total assets, based on IRS filings.
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