The Woonsocket Neighborhood Development Corporation
Woonsocket, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,634,991↓30% | $5,260,655↑59% | $23,595,419↓14% | — |
| 2022 | $3,749,387↑26% | $3,304,469↑19% | $27,502,471↑12% | — |
| 2021 | $2,965,788↓8% | $2,781,543↑3% | $24,639,643↑2% | — |
| 2020 | $3,212,949↑27% | $2,709,688↑5% | $24,150,927↑5% | — |
| 2019 | $2,538,278↓30% | $2,568,807↓1% | $22,953,712↓1% | — |
| 2018 | $3,628,583 | $2,603,833↓6% | $23,133,851↑1% | — |
| 2017 | $3,622,092↓8% | $2,771,535↑31% | $22,984,855↓8% | — |
| 2016 | $3,952,204↓10% | $2,110,551↓47% | $25,032,486↓22% | — |
| 2015 | $4,380,175↑126% | $3,985,018↑34% | $32,025,589↑4% | — |
| 2014 | $1,937,926↓26% | $2,978,053↑21% | $30,672,483↑1% | — |
| 2013 | $2,613,108↑21% | $2,453,734↓8% | $30,332,328↓2% | — |
| 2012 | $2,157,823↓64% | $2,670,108↑31% | $31,085,681↑2% | — |
| 2011 | $6,002,765 | $2,041,181 | $30,587,000 | — |
Frequently Asked Questions
What does The Woonsocket Neighborhood Development Corporation do?▼
The Woonsocket Neighborhood Development Corporation is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L800 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Woonsocket Neighborhood Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Woonsocket Neighborhood Development Corporation has a score of 53/100 (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 The Woonsocket Neighborhood Development Corporation generate?▼
The Woonsocket Neighborhood Development Corporation reports $3.5M in annual revenue and holds $26.5M in total assets, based on IRS filings.
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