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Connecticut · Public charity

Waterbury Development Corporation

To stimulate and support economic and housing development within the communities of the city of waterbury.

$2k
Granted FY2022
1
Grants FY2022
1
Organizations funded FY2022
100%
First-time grantees FY2022
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Median grant, FY2022
$2,357
Largest grant, FY2022
$2,357
Organizations funded a year
1 to 7
FY2017 to FY2022
States reached, FY2022
1
Total assets, FY2022
$8.4M

How open it is to new grantees

In FY2022, 100% of the organizations Waterbury Development Corporation funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2022, 0% of grant dollars renewed an existing relationship; $2k went to new ones.

50%100%’21’22
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20221$2k100%
FY20211$70k100%
FY20177$88kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Community Improvement$70kHousing & Shelter$67kYouth Development$16kCrime & Legal$5kArts & Culture$2k

Top grantees

Largest recipients by total granted, FY2017 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
City of Waterbury$70,0001n/a
Neighborhood Housing Services of Waterbury Inc$27,41413%
St Vincent Depaul Mission of Waterbury$23,23411%
Walnut Orange Walsh Neighborhood Revitalization Zone Assoc Inc$10,1631n/a
The Salvation Army$9,1371n/a
Center for Human Development Inc$7,04110%
Waterbury Youth Services Inc$6,00810%
Connecticut Legal Services Inc$5,06010%
City Youth Theater$2,3571n/a

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Connecticut Community FoundationCT17.8× affinity6 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Connecticut Community Foundation · Ion Bank Foundation Inc · The Leever Foundation · The United Way of Greater Waterbury Inc · American Savings Foundation Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Waterbury Development Corporation with peer funders

About Waterbury Development Corporation

How much does Waterbury Development Corporation give?
Waterbury Development Corporation reported 1 grants totaling $2,357 in its FY2022 IRS filing. It funded between 1 and 7 organizations a year over FY2017 to FY2022.
What does Waterbury Development Corporation fund?
By grant dollars over FY2017 to FY2022, its largest causes are Community Improvement (44%), Housing & Shelter (42%), Youth Development (10%).
Who are Waterbury Development Corporation's largest grantees?
By total granted over FY2017 to FY2022: City of Waterbury ($70k), Neighborhood Housing Services of Waterbury Inc ($27k), St Vincent Depaul Mission of Waterbury ($23k).
Does Waterbury Development Corporation fund new organizations?
In FY2022, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Waterbury Development Corporation?
Its strongest co-funders, measured against what their size predicts, include The Connecticut Community Foundation, Ion Bank Foundation Inc, The Leever Foundation.
Where is Waterbury Development Corporation based?
Waterbury Development Corporation is based in CT.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 9 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2022, the most recent year this funder made grants.

Source object · view filing

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