Charity Search / GOODWILL OF WESTERN AND NORTHERN CONNECTICUT INC
Employment (J32Z) 990 on File

GOODWILL OF WESTERN AND NORTHERN CONNECTICUT INC

EIN: 06-0662111 · BRIDGEPORT, CT 06605-2719 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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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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Organization Details
EIN
06-0662111
State
CT
City
BRIDGEPORT
ZIP
06605-2719
Classification
J32Z
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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