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Connecticut · Nonprofit

LEGACY WATERBURY HOSPITAL INC

LEGACY WATERBURY HOSPITAL INC (Connecticut) receives grants from 16 organizations whose IRS filings report $18,217,088 to it, the largest being THE HAROLD LEEVER REGIONAL CANCER CENTER INC ($4,216,799). 12 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
16
Grants received
$18M
Net assets
$11M
12/16 repeat fundersgrants exceed reported revenue in one year
01What it does

What Legacy Waterbury Hospital Inc does

Mission

The organization's mission is to wind up the affairs of "waterbury hospital- and distribute the remaining assets to an unaffiliated 501(c)3 charity.

As stated on its FY2025 Form 990.

Program

  1. Program services are the expenses and costs associated with the liquidation of the old "waterbury hospital's" liabilities.

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($30M) Expenses 100 ($29M) Net assets 100 ($11M)2018 Revenue 8 ($2.3M) Expenses 7 ($2.1M) Net assets 111 ($12M)2020 Revenue 12 ($3.5M) Expenses 8 ($2.2M) Net assets 106 ($12M)2021 Revenue 17 ($5.0M) Expenses 46 ($13M) Net assets 3 ($314k)2022 Revenue 11 ($3.2M) Expenses 4 ($1.2M) Net assets 37 ($4.1M)2023 Revenue 5 ($1.6M) Expenses 3 ($783k) Net assets 55 ($6.0M)2024 Revenue 5 ($1.5M) Expenses 1 ($314k) Net assets 82 ($8.9M)2025 Revenue 5 ($1.6M) Expenses 1 ($244k) Net assets 103 ($11M)
'17'18'20'21'22'23'24'25
Revenue (5)Expenses (1)Net assets (103)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $22M to $10M (−55%).

$29M
$27M
$22M
$10M
$10M
$7.0M
$10M
$13M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

73% of LEGACY WATERBURY HOSPITAL INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$574k
’17
$181k
’18
$1.2M
’20
−$8.4M
’21
$1.9M
’22
$773k
’23
$1.2M
’24
$1.4M
’25
271
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Carl Contadini

Chairman

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed55544444
Joined·+0·+0+0+0+0+0
No longer listed·0·10000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $1.3M → $4.0M.

From the IRS filings of LEGACY WATERBURY HOSPITAL INC’s funders (the co-funder graph). Top 15 of 16 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LEGACY WATERBURY HOSPITAL INC has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

23%
largest funder
51%
top three
~8
effective funders

Largest funder’s share by year: 2017 76% · 2018 64% · 2019 36% · 2020 31% · 2021 47% · 2022 27% · 2023 44% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

92% of LEGACY WATERBURY HOSPITAL INC's funders are still giving 3 years after their first grant; 75% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

LEGACY WATERBURY HOSPITAL INC draws 77% of its grant income from funders outside Connecticut, across 4 states in all.

IL
CT
MO
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LEGACY WATERBURY HOSPITAL INC runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin85% · top quartile
Months of reserve270.5mo · outside the comparable range
Revenue growth (annualized)−31% · bottom quartile

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Government funding LEGACY WATERBURY HOSPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $175k on record.

State$175k
19
20
21
22
23
Top programs
  • Workers Comp Awards-Other$149k
  • Medical Services-For-Profits$25k
  • Medical Services-Non-Profits$1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LEGACY WATERBURY HOSPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for LEGACY WATERBURY HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LEGACY WATERBURY HOSPITAL INC?
LEGACY WATERBURY HOSPITAL INC (Connecticut) receives grants from 16 organizations whose IRS filings report $18,217,088 to it, the largest being THE HAROLD LEEVER REGIONAL CANCER CENTER INC ($4,216,799). 12 of them have funded it in more than one year.
How many funders does LEGACY WATERBURY HOSPITAL INC have?
IRS filings report 16 organizations giving $18,217,088 in grants to LEGACY WATERBURY HOSPITAL INC, 12 of which have funded it in more than one year.
Who is the largest funder of LEGACY WATERBURY HOSPITAL INC?
THE HAROLD LEEVER REGIONAL CANCER CENTER INC is the largest funder on record, with $4,216,799 in grants. The full list of funders is on this page.
How can an organization like LEGACY WATERBURY HOSPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing