SCommunity Improvement & Capacity BuildingEIN: 060919160· Ruling Year: 2001

Hedco Inc

Hartford, Connecticut

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$4.5M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$20.4M
Net Assets
📋
$15.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+41.5%
Year-over-year change (2022 → 2023)
Net Margin
+30.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.48
Net assets divided by total expenses
Liabilities-to-Assets
42.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$4,502,53641%$3,152,94512%$35,604,81113%
2022$3,183,02658%$3,590,99642%$31,561,156
2021$7,622,732223%$6,160,200136%$31,567,08522%
2020$2,358,93141%$2,614,75811%$40,245,97212%
2019$3,999,36123%$2,363,6673%$35,809,6323%
2018$3,261,08749%$2,305,18824%$34,886,5481%
2017$6,429,87837%$3,040,82422%$34,626,5946%
2016$4,708,97115%$2,487,0453%$32,645,1938%
2015$4,098,36689%$2,564,26328%$30,136,6176%
2014$2,171,89439%$1,998,51817%$28,492,411
2013$3,579,15968%$2,404,49126%$28,606,26915%
2012$2,132,356$1,901,728$24,767,671

Frequently Asked Questions

What does Hedco Inc do?

Hedco Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hedco Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hedco Inc has a score of 63/100 (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 Hedco Inc generate?

Hedco Inc reports $4.9M in annual revenue and holds $34.5M in total assets, based on IRS filings.

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