S — Community 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$4,502,536↑41%$3,152,945↓12%$35,604,811↑13%
2022$3,183,026↓58%$3,590,996↓42%$31,561,156
2021$7,622,732↑223%$6,160,200↑136%$31,567,085↓22%
2020$2,358,931↓41%$2,614,758↑11%$40,245,972↑12%
2019$3,999,361↑23%$2,363,667↑3%$35,809,632↑3%
2018$3,261,087↓49%$2,305,188↓24%$34,886,548↑1%
2017$6,429,878↑37%$3,040,824↑22%$34,626,594↑6%
2016$4,708,971↑15%$2,487,045↓3%$32,645,193↑8%
2015$4,098,366↑89%$2,564,263↑28%$30,136,617↑6%
2014$2,171,894↓39%$1,998,518↓17%$28,492,411
2013$3,579,159↑68%$2,404,491↑26%$28,606,269↑15%
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 $4.0M in annual revenue and holds $35.8M in total assets, based on IRS filings.

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