Health Care
(E20)
IRS Verified
DX Registered
990 on File
VASSAR HEALTH CONNECTICUT INC
Financial strength (30%)
66/100
Reliability (20%)
45/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$53.1M
Total Revenue
$73.6M
Total Expenses
$-68,291,862
Net Assets
346
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.7%
Fundraising Efficiency
N/A
Operating Reserve
-11.13x
Liability-to-Asset
256.3%
Revenue Diversification
99.5%
Executive Compensation
$513K
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2024.
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
|
88.7% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.3% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-11.1 mo | 6.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
256.3% | 35.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 92.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.0% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.1% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-38.7% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $53.1M | $73.6M | $-68,291,862 | 88.7% | 346 |
| 2023 | $49.6M | $73.7M | $-61,865,278 | 90.2% | 345 |
| 2022 | $51.3M | $72.8M | $-37,781,018 | 90.9% | 387 |
| 2021 | $49.4M | $65.1M | N/A | — | 427 |
| 2020 | $55.2M | $60.8M | N/A | — | 447 |
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