Charity Search / WATERBURY DEVELOPMENT CORPORATION
Community Improvement (S30) 990 on File

WATERBURY DEVELOPMENT CORPORATION

EIN: 06-1549006 · WATERBURY, CT 06702-2232 · United States · FY 2025 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$4.7M
Total Revenue
$4.8M
Total Expenses
$890K
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.9%
Fundraising Efficiency N/A
Operating Reserve 2.23x
Liability-to-Asset 89.4%
Revenue Diversification 82.7%
Executive Compensation $270K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $4.7M $4.8M $890K 94.9% 16
2024 $3.3M $3.5M $1.0M 93.8% 12
2023 $3.7M $3.8M $1.2M 94.9% 13
2022 $2.4M $2.7M $1.3M 93.2% 13
2021 $4.9M $5.0M N/A 9
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Organization Details
EIN
06-1549006
State
CT
City
WATERBURY
ZIP
06702-2232
Classification
S30
Category
Community Improvement
Rating
51★
Last Updated
Aug 2026
Form 990
On File
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