Z — UnclassifiedEIN: 237102759

North Carolina Insurance

Raleigh, North Carolina

A-Health Score
81A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.58×
Peer Median0.87×
💰
$446.8M
Total Revenue
📊
$244.5M
Total Expenses
🏦
$1.1B
Net Assets
📋
$397.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.9%
Year-over-year change (2022 → 2023)
Net Margin
+45.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.58
Net assets divided by total expenses
Liabilities-to-Assets
26.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$446,830,243↑25%$244,465,418↑32%$1,516,384,288↑22%
2022$357,797,739↑14%$184,740,119↑12%$1,241,045,262↑21%
2021$314,057,800↑13%$164,666,796↓19%$1,027,510,560↑17%
2020$279,001,377↓1%$202,513,546↓45%$878,002,625↑3%
2019$281,482,867↓19%$367,397,328↓72%$851,036,289↓20%
2018$349,643,486↑4%$1,312,128,310↑1346%$1,064,688,165↓39%
2017$337,063,764↑8%$90,730,088↓45%$1,751,460,368↑13%
2016$311,782,864↑8%$166,051,229↑75%$1,543,383,621↑11%
2015$287,644,574↑14%$94,743,293↓18%$1,384,678,526↑14%
2014$253,399,904↑28%$115,842,640↑26%$1,210,197,349↑14%
2013$197,422,735↑385%$91,870,202↑424%$1,065,562,770↑14%
2012$40,695,472↓69%$17,530,496↓65%$936,327,566↓4%
2012$131,929,127↑2%$50,534,712↓78%$971,253,201↑4%
2011$129,255,477$232,321,741$937,732,952

Frequently Asked Questions

What does North Carolina Insurance do?▼

North Carolina Insurance is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Carolina Insurance financially healthy?▼

Based on our 9-metric Financial Health Score model, North Carolina Insurance has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does North Carolina Insurance generate?▼

North Carolina Insurance reports $570.8M in annual revenue and holds $1.8B in total assets, based on IRS filings.

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