PHuman ServicesEIN: 060954802· Ruling Year: 1977

Human Resources Agency Of New Britain Inc

New Britain, Connecticut

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median7.39×
💰
$23.4M
Total Revenue
📊
$22.5M
Total Expenses
🏦
$7.7M
Net Assets
📋
$9.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
54.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,397,209$22,468,8892%$17,142,796
2022$23,463,11741%$21,961,93634%$17,080,90814%
2021$16,608,23119%$16,399,46315%$14,960,7014%
2020$13,972,93413%$14,266,52212%$14,321,595
2019$16,110,4792%$16,177,2695%$14,299,7625%
2018$16,479,95414%$16,961,36811%$15,071,6367%
2017$19,102,88517%$19,064,05519%$16,129,2538%
2016$16,352,7751%$15,978,3714%$14,881,2083%
2015$16,214,0454%$15,410,2491%$14,475,8151%
2014$15,546,1591%$15,626,529$14,340,7054%
2013$15,403,6391%$15,691,7971%$14,972,017
2012$15,487,17110%$15,825,3358%$15,038,8803%
2011$17,185,765$17,222,495$15,552,397

Frequently Asked Questions

What does Human Resources Agency Of New Britain Inc do?

Human Resources Agency Of New Britain Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Human Resources Agency Of New Britain Inc financially healthy?

Based on our 9-metric Financial Health Score model, Human Resources Agency Of New Britain Inc has a score of 68/100 (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 Human Resources Agency Of New Britain Inc generate?

Human Resources Agency Of New Britain Inc reports $20.3M in annual revenue and holds $17.0M in total assets, based on IRS filings.

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