EHealth CareEIN: 822604728· Ruling Year: 2020

Carepartners Of Connecticut Inc

Canton, Massachusetts

CHealth Score
41C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.12×
Peer Median8.62×
💰
$56.0M
Total Revenue
📊
$71.5M
Total Expenses
🏦
$8.9M
Net Assets
📋
$14.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.4%
Year-over-year change (2022 → 2023)
Net Margin
-27.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.12
Net assets divided by total expenses
Liabilities-to-Assets
62.2%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$56,007,33734%$71,549,70429%$23,505,6431%
2022$41,668,49170%$55,528,27948%$23,631,8249%
2021$24,446,23056%$37,443,90838%$21,597,09637%
2020$15,679,005425%$27,199,813170%$15,730,21736%
2019$2,985,821$10,082,105$11,608,1741160817300%
2017$0$0$1

Frequently Asked Questions

What does Carepartners Of Connecticut Inc do?

Carepartners Of Connecticut Inc is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carepartners Of Connecticut Inc financially healthy?

Based on our 9-metric Financial Health Score model, Carepartners Of Connecticut Inc has a score of 41/100 (Grade: C). 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 Carepartners Of Connecticut Inc generate?

Carepartners Of Connecticut Inc reports $94.2M in annual revenue and holds $32.1M in total assets, based on IRS filings.

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