P โ€” Human ServicesEIN: 561143810ยท Ruling Year: 1977

Cabarrus County Group Homes Inc

China Grove, North Carolina

B+Health Score
65B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$1.7M
Net Assets
๐Ÿ“‹
$183K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.67
Net assets divided by total expenses
Liabilities-to-Assets
9.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,628,756โ†‘40%$2,590,833โ†‘9%$1,916,767โ†‘1%
2022$1,881,669โ†“37%$2,373,929โ†‘4%$1,906,411โ†“21%
2021$2,971,488โ†‘17%$2,289,335โ†‘2%$2,400,868โ†‘44%
2020$2,543,128โ†‘9%$2,255,124โ†‘5%$1,661,988โ†‘21%
2019$2,337,540โ†‘25%$2,155,803โ†‘8%$1,370,749โ†‘17%
2018$1,875,741โ†“7%$1,997,321โ†‘1%$1,175,488โ†“9%
2017$2,010,309โ†‘3%$1,969,380โ†‘2%$1,293,331โ†‘5%
2016$1,953,604โ†“5%$1,922,319โ†“6%$1,235,303โ†“7%
2015$2,053,224โ†“6%$2,043,942โ†‘4%$1,333,887
2014$2,174,288โ†‘8%$1,963,192โ†‘1%$1,328,065โ†‘17%
2013$2,021,484โ†‘2%$1,945,474โ†“2%$1,136,740โ†‘25%
2012$1,980,408$1,982,642$910,991

Frequently Asked Questions

What does Cabarrus County Group Homes Inc do?โ–ผ

Cabarrus County Group Homes Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cabarrus County Group Homes Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Cabarrus County Group Homes Inc has a score of 65/100 (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 Cabarrus County Group Homes Inc generate?โ–ผ

Cabarrus County Group Homes Inc reports $3.6M in annual revenue and holds $2.5M in total assets, based on IRS filings.

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Cabarrus County Group Homes Inc โ€” China Grove, NC | GiveScope