Economic Improvement Council Inc
Edenton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services 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 | $24,853,738↑4% | $25,401,578↑9% | $4,285,563↓12% | |
| 2022 | $23,822,992↑14% | $23,327,799↑18% | $4,849,921↑14% | — |
| 2021 | $20,948,013↓12% | $19,798,164↓15% | $4,246,156↑26% | — |
| 2020 | $23,784,862↑27% | $23,179,639↑22% | $3,379,746↑48% | — |
| 2019 | $18,747,997↑7% | $19,022,242↑8% | $2,287,599↓10% | — |
| 2018 | $17,526,466↑14% | $17,681,739↑15% | $2,545,825↓14% | — |
| 2017 | $15,429,890↑34% | $15,325,309↑35% | $2,969,581↑15% | — |
| 2016 | $11,520,325↑5% | $11,366,465 | $2,577,566↑7% | — |
| 2015 | $11,020,982↑3% | $11,399,723↑3% | $2,419,823↓15% | — |
| 2014 | $10,652,877↓10% | $11,037,803↓8% | $2,832,221↓9% | — |
| 2013 | $11,814,273↓10% | $11,960,049↓10% | $3,101,153↓6% | — |
| 2012 | $13,106,964↓3% | $13,294,663↑2% | $3,296,835↓15% | — |
| 2011 | $13,461,325 | $13,097,334 | $3,861,355 | — |
Frequently Asked Questions
What does Economic Improvement Council Inc do?▼
Economic Improvement Council Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Economic Improvement Council Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Economic Improvement Council Inc has a score of 69/100 (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 Economic Improvement Council Inc generate?▼
Economic Improvement Council Inc reports $25.8M in annual revenue and holds $4.5M in total assets, based on IRS filings.
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