Industrial Commons
Morganton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,657,616↑340% | $2,236,647↓6% | $16,084,125↑136% | — |
| 2022 | $2,647,034↓42% | $2,390,165↑37% | $6,820,044↑13% | — |
| 2021 | $4,558,553↑31% | $1,745,427↑28% | $6,060,975↑68% | — |
| 2020 | $3,472,669↑332% | $1,358,345↑34% | $3,601,215↑225% | — |
| 2019 | $803,796↓40% | $1,016,112↑443% | $1,107,828↓15% | — |
| 2018 | $1,344,220↑1216% | $187,103↑178% | $1,301,351↑2093% | — |
| 2017 | $102,143 | $67,318 | $59,342 | — |
Frequently Asked Questions
What does Industrial Commons do?▼
Industrial Commons is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Industrial Commons financially healthy?▼
Based on our 9-metric Financial Health Score model, Industrial Commons 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 Industrial Commons generate?▼
Industrial Commons reports $8.7M in annual revenue and holds $35.4M in total assets, based on IRS filings.
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