Employment
(J32Z)
990 on File
GOODWILL OF WESTERN AND NORTHERN CONNECTICUT INC
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$53.9M
Total Revenue
$53.7M
Total Expenses
$48.8M
Net Assets
1653
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.7%
Fundraising Efficiency
N/A
Operating Reserve
10.89x
Liability-to-Asset
36.4%
Revenue Diversification
83.0%
Executive Compensation
$521K
Compared with Peers
FY 2023
Compared with 340 similar organizations
(United States, Employment, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.7% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.1% | 11.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.9 mo | 7.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.4% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.0% | 92.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
7.3% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.2% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.4% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $53.9M | $53.7M | $48.8M | 90.7% | 1653 |
| 2022 | $50.3M | $50.6M | $48.2M | 92.3% | 1704 |
| 2021 | $52.5M | $47.9M | N/A | — | 1673 |
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