L — Housing & ShelterEIN: 222876239· Ruling Year: 1988

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
YearRevenueExpensesAssets
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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