LHousing & ShelterEIN: 223237413· Ruling Year: 1993

Mutual Housing Association Of South Central Connecticut Inc

New Haven, Connecticut

BHealth Score
64B

Financial Health Score

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

Above Average

💰
$7.1M
Total Revenue
📊
$7.4M
Total Expenses
🏦
$18.7M
Net Assets
📋
$33.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.7%
Year-over-year change (2022 → 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.51
Net assets divided by total expenses
Liabilities-to-Assets
64.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$7,096,11236%$7,440,31118%$51,977,1374%
2022$11,028,88931%$9,110,97150%$50,129,2485%
2021$8,401,88041%$6,074,29125%$47,838,59512%
2020$5,973,7841%$8,093,24942%$42,633,3723%
2019$5,919,8961%$5,715,05316%$41,343,7377%
2018$5,833,08514%$4,947,04711%$38,716,77223%
2017$5,130,11429%$5,542,85017%$49,970,9172%
2016$7,240,1419%$4,755,2783%$50,790,64110%
2015$7,961,170112%$4,918,23310%$46,293,09512%
2014$3,748,84451%$4,485,91423%$41,369,76022%
2013$7,716,502128%$3,652,17119%$33,842,47711%
2012$3,378,4699%$3,079,45518%$30,441,3495%
2011$3,703,0936%$2,599,5049%$28,903,09027%
2010$3,934,877$2,375,046$39,855,633

Frequently Asked Questions

What does Mutual Housing Association Of South Central Connecticut Inc do?

Mutual Housing Association Of South Central Connecticut Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L40Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mutual Housing Association Of South Central Connecticut Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mutual Housing Association Of South Central Connecticut Inc has a score of 64/100 (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 Mutual Housing Association Of South Central Connecticut Inc generate?

Mutual Housing Association Of South Central Connecticut Inc reports $5.3M in annual revenue and holds $39.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Connecticut.