Friendship Service Center Inc
New Britain, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,029,811↑22% | $4,507,691↑24% | $13,562,499↓2% | |
| 2022 | $3,305,309↑11% | $3,636,551↑7% | $13,813,064↓5% | — |
| 2021 | $2,988,286↑3% | $3,385,385↑4% | $14,536,870↑1% | — |
| 2020 | $2,902,385↑11% | $3,241,557↑5% | $14,378,713 | — |
| 2019 | $2,622,155↓47% | $3,086,622↑12% | $14,382,421↓4% | — |
| 2018 | $4,969,868↑76% | $2,753,976↓2% | $14,944,075↑19% | — |
| 2017 | $2,826,997↑10% | $2,815,528 | $12,590,644↑1% | — |
| 2016 | $2,575,510↓3% | $2,824,068↓2% | $12,463,637↓3% | — |
| 2015 | $2,659,280↓22% | $2,879,243↑9% | $12,833,580↓3% | — |
| 2014 | $3,400,239↑42% | $2,636,436↑1% | $13,192,912↑8% | — |
| 2013 | $2,392,999↓2% | $2,600,656↓2% | $12,243,972↓1% | — |
| 2012 | $2,434,446↓9% | $2,656,291↓5% | $12,414,770↑1% | — |
| 2011 | $2,661,302 | $2,809,638 | $12,325,466 | — |
Frequently Asked Questions
What does Friendship Service Center Inc do?▼
Friendship Service Center Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L41Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friendship Service Center Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Friendship Service Center Inc has a score of 57/100 (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 Friendship Service Center Inc generate?▼
Friendship Service Center Inc reports $5.0M in annual revenue and holds $13.1M in total assets, based on IRS filings.
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