Shore Area Community Development Corporation
New Haven, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,875,201↑14% | $5,037,600↑10% | $28,736,242↓2% | — |
| 2022 | $3,387,286↑16% | $4,590,306 | $29,270,650↓7% | — |
| 2021 | $2,914,306↓20% | $4,581,006↑12% | $31,609,662↑9% | — |
| 2020 | $3,641,809↑45% | $4,079,515↑4% | $29,098,989↑3% | — |
| 2019 | $2,510,921↓11% | $3,914,320↓4% | $28,319,458↓2% | — |
| 2018 | $2,827,747↓44% | $4,063,363↑4% | $28,933,127↓2% | — |
| 2017 | $5,021,999↑8% | $3,907,516↓1% | $29,525,002↑6% | — |
| 2016 | $4,651,495↑224% | $3,960,058↑149% | $27,972,138↑72% | — |
| 2015 | $1,435,629↑17% | $1,589,337↓3% | $16,289,651↑1% | — |
| 2014 | $1,226,727↑6% | $1,642,264↓1% | $16,117,725↓1% | — |
| 2013 | $1,152,795↑223% | $1,664,966↑900% | $16,207,049↑355% | — |
| 2012 | $356,424↓15% | $166,491↑24% | $3,562,060↑10% | — |
| 2011 | $417,715 | $134,528 | $3,230,595 | — |
Frequently Asked Questions
What does Shore Area Community Development Corporation do?▼
Shore Area Community Development Corporation is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Shore Area Community Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Shore Area Community Development Corporation has a score of 30/100 (Grade: D). 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 Shore Area Community Development Corporation generate?▼
Shore Area Community Development Corporation reports $4.0M in annual revenue and holds $27.8M in total assets, based on IRS filings.
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