Carolina University
Winston Salem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $18,789,212↑22% | $18,011,849↑11% | $17,964,166↑2% | — |
| 2022 | $15,458,525↑12% | $16,165,709↑15% | $17,637,146↑5% | — |
| 2021 | $13,786,116↑18% | $14,017,055↑12% | $16,856,188↑3% | — |
| 2020 | $11,648,305 | $12,471,547↓2% | $16,356,485↑1% | — |
| 2019 | $11,598,941↓22% | $12,719,145↑41% | $16,273,835↑7% | — |
| 2018 | $14,840,437↑105% | $9,026,196↑31% | $15,230,558↑118% | — |
| 2017 | $7,224,015↑4% | $6,900,526↓3% | $6,991,297↓20% | — |
| 2016 | $6,929,804↑15% | $7,123,370↑33% | $8,712,097↑4% | — |
| 2015 | $6,034,602↑38% | $5,363,838↑23% | $8,397,626↑104% | — |
| 2014 | $4,373,388↓10% | $4,343,894↓14% | $4,106,756↑34% | — |
| 2013 | $4,852,719↑10% | $5,023,215 | $3,066,644↑3% | — |
| 2012 | $4,415,143↓7% | $5,019,218↑6% | $2,984,252↓23% | — |
| 2011 | $4,723,504 | $4,755,573 | $3,871,514 | — |
Frequently Asked Questions
What does Carolina University do?▼
Carolina University is a education nonprofit organization based in North Carolina. It is classified under NTEE code B40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Carolina University financially healthy?▼
Based on our 9-metric Financial Health Score model, Carolina University has a score of 62/100 (Grade: B). 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 Carolina University generate?▼
Carolina University reports $15.8M in annual revenue and holds $7.4M in total assets, based on IRS filings.
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