SCommunity Improvement & Capacity BuildingEIN: 820832288· Ruling Year: 2017

Delaware Innovation Space Inc

Wilmington, Delaware

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$7.3M
Total Revenue
📊
$6.6M
Total Expenses
🏦
$34.2M
Net Assets
📋
$5.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.7%
Year-over-year change (2022 → 2023)
Net Margin
+10.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.19
Net assets divided by total expenses
Liabilities-to-Assets
14.8%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$7,341,67322%$6,583,2538%$40,091,3843%
2022$6,030,85612%$6,099,31135%$38,897,8024%
2021$6,834,9967%$4,532,4439%$37,512,4318%
2020$7,333,90425%$4,154,4679%$34,892,30211%
2019$9,765,26045%$3,816,9924%$31,483,05231%
2018$6,728,65065%$3,660,827387%$24,097,05124%
2017$19,312,286$751,189$19,445,367

Frequently Asked Questions

What does Delaware Innovation Space Inc do?

Delaware Innovation Space Inc is a community improvement & capacity building nonprofit organization based in Delaware. It is classified under NTEE code S40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Delaware Innovation Space Inc financially healthy?

Based on our 9-metric Financial Health Score model, Delaware Innovation Space Inc has a score of 78/100 (Grade: A-). 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 Delaware Innovation Space Inc generate?

Delaware Innovation Space Inc reports $10.0M in annual revenue and holds $42.9M in total assets, based on IRS filings.

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