S — Community Improvement & Capacity BuildingEIN: 203115014· Ruling Year: 2006

Kerr-tar Economic Development Corporation

Henderson, North Carolina

CHealth Score
44C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

💰
$304K
Total Revenue
📊
$394K
Total Expenses
🏦
$7.4M
Net Assets
📋
$5.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.5%
Year-over-year change (2023 → 2024)
Net Margin
-30.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.73
Net assets divided by total expenses
Liabilities-to-Assets
43.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$303,547↑8%$394,497↑41%$13,048,261↓2%
2023$279,831↑37%$280,300↑6%$13,264,104↓2%
2022$204,730↓65%$263,703↓13%$13,582,772
2021$591,746↑122%$303,214↓1%$13,639,021↑1%
2020$266,592↓26%$304,908↓10%$13,463,628↓1%
2019$362,406↓94%$340,127↑102%$13,565,895
2018$5,947,456↑3739%$168,177↑7%$13,569,184
2017$154,911↑1%$157,127↓27%$13,591,835
2016$153,807↑3%$216,587↑1%$13,593,051
2015$148,787↓88%$213,961↓77%$13,655,831↓1%
2014$1,209,148↑3%$937,656↓10%$13,796,005↑2%
2013$1,177,841↑57%$1,038,316↓22%$13,524,513↓10%
2012$750,847↑135%$1,327,561↑131%$15,020,443↓6%
2011$319,855$575,063$15,897,157

Frequently Asked Questions

What does Kerr-tar Economic Development Corporation do?▼

Kerr-tar Economic Development Corporation is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kerr-tar Economic Development Corporation financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Kerr-tar Economic Development Corporation.

How much revenue does Kerr-tar Economic Development Corporation generate?▼

Kerr-tar Economic Development Corporation reports $453K in annual revenue and holds $5.9M in total assets, based on IRS filings.

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