Charity Search / HEALTHECONNECTIONS INC
Public & Societal Benefit (W050) 990 on File

HEALTHECONNECTIONS INC

EIN: 20-2702655 · SYRACUSE, NY 13204-5422 · United States · FY 2023 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$13.2M
Total Revenue
$11.4M
Total Expenses
$17.3M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.3%
Fundraising Efficiency N/A
Operating Reserve 18.19x
Liability-to-Asset 15.7%
Revenue Diversification 93.0%
Executive Compensation $681K
Compared with Peers
FY 2023
Compared with 142 similar organizations (United States, Public & Societal Benefit, $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
87.3% 85.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
12.7% 11.6%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
18.2 mo 10.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
15.7% 26.3%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
93.0% 93.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
15.1% 10.8%
P10P90
Expense growth
Year over year expense growth
2.9% 11.1%
P10P90
Surplus margin
Surplus as a share of revenue
13.2% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $13.2M $11.4M $17.3M 87.3% 0
2022 $11.4M $11.1M $15.1M 87.7% 0
2021 $12.5M $9.9M N/A 0
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Organization Details
EIN
20-2702655
State
NY
City
SYRACUSE
ZIP
13204-5422
Classification
W050
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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