Torrington Affordable Housing Inc
Torrington, Connecticut
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$54K
Total Revenue
📊
$50K
Total Expenses
🏦
$1.6M
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+40.2%
Year-over-year change (2022 → 2023)
Net Margin
+8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
31.43
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $54,129↑40% | $49,753↑6% | $1,565,636 | |
| 2022 | $38,596↓21% | $46,797↑10% | $1,561,154↓1% | — |
| 2021 | $49,006↑14% | $42,649↑8% | $1,569,128 | — |
| 2020 | $43,170↑23% | $39,594↑7% | $1,562,717 | — |
| 2019 | $35,000↑1% | $36,882↓4% | $1,559,060 | — |
| 2018 | $34,818↓21% | $38,520↑19% | $1,560,545 | — |
| 2017 | $44,293↑23% | $32,370↓15% | $1,564,216↑1% | — |
| 2016 | $36,000↓7% | $38,269↑5% | $1,552,297 | — |
| 2015 | $38,824↑6% | $36,377↑8% | $1,553,524 | — |
| 2014 | $36,470↓11% | $33,530↓7% | $1,552,061 | — |
| 2013 | $40,750↓6% | $36,164↓8% | $1,549,104 | — |
| 2012 | $43,156↑16% | $39,151↑22% | $1,544,730 | — |
| 2011 | $37,093 | $32,101 | $1,540,531 | — |
Frequently Asked Questions
What does Torrington Affordable Housing Inc do?▼
Torrington Affordable Housing Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Torrington Affordable Housing Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Torrington Affordable Housing Inc.
How much revenue does Torrington Affordable Housing Inc generate?▼
Torrington Affordable Housing Inc reports $57K in annual revenue and holds $1.6M in total assets, based on IRS filings.
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