Connecticut Water Company Welfare Benefits Pl & Tr is a 501(c)(9) organization based in Dallas, Texas, registered in 1990, with $1,783,564 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$1.8M
▲ 130.2% vs prior year
Expenses (FY2025)
$446K
Net assets
$10.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Connecticut Water Company Welfare Benefits Pl & Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Connecticut Water Company Welfare Benefits Pl & Tr: 271 mo reserves · +75% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Connecticut Water Company Welfare Benefits Pl & Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Connecticut Water Company Welfare Benefits Pl & Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $947K (FY2019) to $1.8M (FY2025) across 7 reported years.
Financial snapshot
Operating margin
75.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.1M
Total liabilities
$0
Net assets
$10.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,783,564▲130% | $446,073▲41.4% | $10,068,009▲15.3% | $10,068,009▲15.3% | 990 |
| 2024 | $774,776▲59.0% | $315,394▲20.4% | $8,734,342▲5.6% | $8,734,342▲5.6% | 990 |
| 2023 | $487,131▼27.9% | $261,969▼57.7% | $8,274,817▲2.8% | $8,274,817▲2.8% | 990 |
| 2022 | $675,784▼36.6% | $619,256▲12.1% | $8,050,423▲0.7% | $8,050,423▲0.7% | 990 |
| 2021 | $1,066,243▲10.1% | $552,619▼7.9% | $7,995,496▲6.9% | $7,995,496▲6.9% | 990 |
| 2020 | $968,701▲2.3% | $599,880▼16.1% | $7,482,648▲5.2% | $7,482,648▲5.2% | 990 |
| 2019 | $946,723 | $714,692 | $7,114,588 | $7,114,588 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Connecticut Water Company Welfare Benefits Pl & Tr (EIN 22-3029734) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.