New Reach Inc
New Haven, Connecticut
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
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,820,910↑17% | $9,711,142↑18% | $20,670,916↑8% | — |
| 2022 | $7,538,038↓11% | $8,223,825↑11% | $19,062,016↓1% | — |
| 2021 | $8,454,428↑10% | $7,425,944↑12% | $19,348,639↑2% | — |
| 2020 | $7,718,696↑23% | $6,637,069↑6% | $18,989,807↑20% | — |
| 2019 | $6,268,645↑2% | $6,290,723↑6% | $15,791,539↑5% | — |
| 2018 | $6,160,199↓59% | $5,921,336↓15% | $15,074,864 | — |
| 2017 | $14,982,889↑136% | $6,988,054↑9% | $15,146,125↑7% | — |
| 2016 | $6,336,165↑8% | $6,419,201↑13% | $14,196,146↑35% | — |
| 2015 | $5,852,491↑29% | $5,666,631↑26% | $10,551,910↑37% | — |
| 2014 | $4,541,309↓2% | $4,509,893↓2% | $7,699,975↑6% | — |
| 2013 | $4,629,799↑13% | $4,591,207↑6% | $7,266,321↑13% | — |
| 2012 | $4,110,375 | $4,323,356 | $6,443,121 | — |
Frequently Asked Questions
What does New Reach Inc do?▼
New Reach Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Reach Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Reach Inc has a score of 69/100 (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 New Reach Inc generate?▼
New Reach Inc reports $9.8M in annual revenue and holds $20.1M in total assets, based on IRS filings.
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