New Haven Promise Inc
New Haven, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $5,304,401↑2% | $5,206,260↑3% | $2,236,518↑9% | |
| 2023 | $5,195,298↑2% | $5,043,547↑1% | $2,057,306↑8% | — |
| 2022 | $5,114,232↑5% | $4,972,969↓2% | $1,905,241↑1% | — |
| 2021 | $4,853,461↓2% | $5,063,690↑7% | $1,892,989↓10% | — |
| 2020 | $4,941,492↓8% | $4,736,122↑15% | $2,111,677↑6% | — |
| 2019 | $5,372,270↑53% | $4,120,459↑14% | $1,984,044↑171% | — |
| 2018 | $3,519,217↑12% | $3,599,500↑25% | $731,477↑35% | — |
| 2017 | $3,143,623↑624% | $2,880,921↑1638% | $540,820↑95% | — |
| 2016 | $433,982 | $165,744 | $277,809 | — |
Frequently Asked Questions
What does New Haven Promise Inc do?▼
New Haven Promise Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Haven Promise Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Haven Promise Inc has a score of 74/100 (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 New Haven Promise Inc generate?▼
New Haven Promise Inc reports $6.2M in annual revenue and holds $3.0M in total assets, based on IRS filings.
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