PHuman ServicesEIN: 061182488· Ruling Year: 1987

Western Connecticut Area Agency On Aging Inc

Waterbury, Connecticut

B+Health Score
73B+

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 Org0.28×
Peer Median7.39×
💰
$9.4M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$2.5M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
51.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,425,2565%$8,986,4603%$5,164,10627%
2022$9,011,7088%$8,758,33916%$4,061,9439%
2021$8,361,31012%$7,529,56719%$3,714,1136%
2020$9,544,38230%$9,339,36925%$3,504,35364%
2019$7,334,7041%$7,473,5451%$2,137,0776%
2018$7,422,8913%$7,564,7546%$2,269,9611%
2017$7,184,9155%$7,132,5614%$2,289,43711%
2016$7,525,0632%$7,412,6631%$2,054,3388%
2015$7,658,9125%$7,492,5946%$2,236,6349%
2014$7,265,34426%$7,069,68720%$2,445,60325%
2013$5,779,2121%$5,907,3223%$1,951,6101%
2012$5,726,5745%$5,726,2474%$1,974,76210%
2011$5,479,831$5,485,357$1,795,478

Frequently Asked Questions

What does Western Connecticut Area Agency On Aging Inc do?

Western Connecticut Area Agency On Aging Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Western Connecticut Area Agency On Aging Inc financially healthy?

Based on our 9-metric Financial Health Score model, Western Connecticut Area Agency On Aging Inc has a score of 73/100 (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 Western Connecticut Area Agency On Aging Inc generate?

Western Connecticut Area Agency On Aging Inc reports $10.3M in annual revenue and holds $5.8M in total assets, based on IRS filings.

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