Evangelical Christian Church Of Waterbury Inc
Evangelical Christian Church of Waterbury: Declining Revenue, Stable Assets
EIN: 222533103 · Waterbury, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $251K |
| Program Spending | 70% |
| Net Assets | $974K |
| Transparency Score | 75/100 |
Is Evangelical Christian Church Of Waterbury Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evangelical Christian Church Of Waterbury Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Evangelical Christian Church Of Waterbury Inc
Evangelical Christian Church Of Waterbury Inc (EIN: 222533103) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $283K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evangelical Christian Church Of Waterbury Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evangelical Christian Church Of Waterbury Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $251K |
| Surplus / Deficit | +$5K |
| Total Assets | $1.1M |
| Total Liabilities | $173K |
| Net Assets | $974K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 54.8 months |
Financial Health Grade: A
In 2023, Evangelical Christian Church Of Waterbury Inc reported a surplus of $5K with revenue exceeding expenses, holds 54.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Evangelical Christian Church Of Waterbury Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -2.6% | -5.3% |
| 2022 | -11.5% | +2.1% | -5.5% |
| 2021 | -11.3% | +0.7% | -2.6% |
| 2020 | -11.2% | -18.3% | -0.2% |
| 2019 | +15.2% | +20.6% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Evangelical Christian Church Of Waterbury Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Evangelical Christian Church Of Waterbury Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data does not break down salaries or benefits for leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Evangelical Christian Church Of Waterbury Inc's IRS 990 filings:
- Revenue has shown a consistent decline from $344,430 in 2019 to $256,512 in 2023, indicating potential sustainability challenges.
- Expenses have frequently exceeded revenue in recent years (e.g., 2022: $257,621 expenses vs. $240,202 revenue), leading to net losses.
Strengths
The following positive indicators were identified for Evangelical Christian Church Of Waterbury Inc:
- The organization maintains a strong asset base, consistently over $1.1 million, providing financial stability despite revenue fluctuations.
- Liabilities have shown a decreasing trend from $406,230 in 2019 to $173,363 in 2023, improving the organization's financial health.
Frequently Asked Questions about Evangelical Christian Church Of Waterbury Inc
Is Evangelical Christian Church Of Waterbury Inc a legitimate charity?
Evangelical Christian Church Of Waterbury Inc (EIN: 222533103) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $283K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Evangelical Christian Church Of Waterbury Inc spend its money?
Evangelical Christian Church Of Waterbury Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Evangelical Christian Church Of Waterbury Inc tax-deductible?
Evangelical Christian Church Of Waterbury Inc is registered as a tax-exempt nonprofit (EIN: 222533103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Evangelical Christian Church Of Waterbury Inc's spending goes to programs?
Evangelical Christian Church Of Waterbury Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Evangelical Christian Church Of Waterbury Inc located?
Evangelical Christian Church Of Waterbury Inc is headquartered in Waterbury, Connecticut and files with the IRS under EIN 222533103.
How many years of IRS 990 filings does Evangelical Christian Church Of Waterbury Inc have?
Evangelical Christian Church Of Waterbury Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $283K in total revenue.
What does Evangelical Christian Church Of Waterbury Inc do?
Evangelical Christian Church Of Waterbury Inc is a nonprofit organization in the Unknown sector, located in Waterbury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Evangelical Christian Church Of Waterbury Inc have?
Evangelical Christian Church Of Waterbury Inc reported total revenue of $283,211. Based on 13 IRS 990 filings on record.
What are Evangelical Christian Church Of Waterbury Inc's total assets?
Evangelical Christian Church Of Waterbury Inc holds total assets of $1,130,946 as reported in IRS 990 filings.
Where is Evangelical Christian Church Of Waterbury Inc located?
Evangelical Christian Church Of Waterbury Inc is based in Waterbury, Connecticut.
What is Evangelical Christian Church Of Waterbury Inc's EIN?
Evangelical Christian Church Of Waterbury Inc's Employer Identification Number (EIN) is 222533103. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Evangelical Christian Church Of Waterbury Inc?
Evangelical Christian Church Of Waterbury Inc is classified under NTEE code Unknown (Unknown).
Is Evangelical Christian Church Of Waterbury Inc a registered 501(c)(3)?
Evangelical Christian Church Of Waterbury Inc appears in IRS records (EIN: 222533103). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Evangelical Christian Church Of Waterbury Inc file IRS Form 990?
Yes, Evangelical Christian Church Of Waterbury Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Evangelical Christian Church Of Waterbury Inc's revenue in 2023?
In the 202312 filing period, Evangelical Christian Church Of Waterbury Inc reported total revenue of $256,512, total expenses of $251,017, and net assets of $1,147,044.
Is Evangelical Christian Church Of Waterbury Inc's revenue growing or declining?
Evangelical Christian Church Of Waterbury Inc's revenue is growing. Revenue went from $240,202 (202212) to $256,512 (202312), a +6.8% change. Based on 13 filings on record.
What is Evangelical Christian Church Of Waterbury Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Evangelical Christian Church Of Waterbury Inc covers tax period 202312. It shows revenue of $256,512, expenses of $251,017, total assets of $1,147,044, and liabilities of $173,363.
How much does Evangelical Christian Church Of Waterbury Inc spend on programs vs administration?
Based on IRS 990 analysis, Evangelical Christian Church Of Waterbury Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Evangelical Christian Church Of Waterbury Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Evangelical Christian Church Of Waterbury Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Evangelical Christian Church Of Waterbury Inc?
The following concerns were identified: Revenue has shown a consistent decline from $344,430 in 2019 to $256,512 in 2023, indicating potential sustainability challenges.. Expenses have frequently exceeded revenue in recent years (e.g., 2022: $257,621 expenses vs. $240,202 revenue), leading to net losses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Evangelical Christian Church Of Waterbury Inc's strengths?
Positive indicators for Evangelical Christian Church Of Waterbury Inc include: The organization maintains a strong asset base, consistently over $1.1 million, providing financial stability despite revenue fluctuations.. Liabilities have shown a decreasing trend from $406,230 in 2019 to $173,363 in 2023, improving the organization's financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Evangelical Christian Church Of Waterbury Inc compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data does not break down salaries or benefits for leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in revenue for the Evangelical Christian Church of Waterbury Inc. over the past five years?
The provided data indicates a steady decrease in revenue from $344,430 in 2019 to $256,512 in 2023. Without further context on donor engagement, membership trends, or specific fundraising activities, the exact drivers of this decline are unclear from the financial filings alone.
How does the organization manage to maintain over $1.1 million in assets despite frequently operating with expenses exceeding revenue?
The organization's ability to maintain a substantial asset base, even with operational deficits, suggests a strong historical accumulation of assets or significant non-operating income/gains not detailed in the provided revenue figures. The decreasing liabilities also contribute to a healthier balance sheet.
Filing History
IRS 990 filing history for Evangelical Christian Church Of Waterbury Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Evangelical Christian Church Of Waterbury Inc's revenue has grown by 52.2%, moving from $169K to $257K. Total assets decreased by 27.9% over the same period, from $1.6M to $1.1M. Total functional expenses rose by 23.1%, from $204K to $251K. In its most recent filing year (2023), Evangelical Christian Church Of Waterbury Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $173K in liabilities against $1.1M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $974K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $251K | $1.1M | $173K | — | View 990 |
| 2022 | $240K | $258K | $1.2M | $243K | — | View 990 |
| 2021 | $271K | $252K | $1.3M | $296K | — | View 990 |
| 2020 | $306K | $251K | $1.3M | $349K | — | View 990 |
| 2019 | $344K | $307K | $1.3M | $406K | — | View 990 |
| 2018 | $299K | $254K | $1.3M | $476K | — | View 990 |
| 2017 | $280K | $261K | $1.4M | $546K | — | View 990 |
| 2016 | $240K | $238K | $1.4M | $585K | — | View 990 |
| 2015 | $211K | $208K | $1.4M | $618K | — | View 990 |
| 2014 | $207K | $232K | $1.5M | $647K | — | View 990 |
| 2013 | $214K | $245K | $1.5M | $674K | — | View 990 |
| 2012 | $171K | $190K | $1.6M | $699K | — | View 990 |
| 2011 | $169K | $204K | $1.6M | $712K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $251K, and assets of $1.1M (revenue +6.8% year-over-year).
- 2022: Revenue of $240K, expenses of $258K, and assets of $1.2M (revenue -11.5% year-over-year).
- 2021: Revenue of $271K, expenses of $252K, and assets of $1.3M (revenue -11.3% year-over-year).
- 2020: Revenue of $306K, expenses of $251K, and assets of $1.3M (revenue -11.2% year-over-year).
- 2019: Revenue of $344K, expenses of $307K, and assets of $1.3M (revenue +15.2% year-over-year).
- 2018: Revenue of $299K, expenses of $254K, and assets of $1.3M (revenue +6.7% year-over-year).
- 2017: Revenue of $280K, expenses of $261K, and assets of $1.4M (revenue +16.6% year-over-year).
- 2016: Revenue of $240K, expenses of $238K, and assets of $1.4M (revenue +14.1% year-over-year).
- 2015: Revenue of $211K, expenses of $208K, and assets of $1.4M (revenue +1.9% year-over-year).
- 2014: Revenue of $207K, expenses of $232K, and assets of $1.5M (revenue -3.6% year-over-year).
- 2013: Revenue of $214K, expenses of $245K, and assets of $1.5M (revenue +25.7% year-over-year).
- 2012: Revenue of $171K, expenses of $190K, and assets of $1.6M (revenue +1.2% year-over-year).
- 2011: Revenue of $169K, expenses of $204K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evangelical Christian Church Of Waterbury Inc:
Data Sources and Methodology
This transparency report for Evangelical Christian Church Of Waterbury Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.