The Community Foundation of Western North Carolina INC

Asheville, North Carolina

B+Health Score
71B+

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 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.05×
Peer Median11.98×
💰
$32.0M
Total Revenue
📊
$25.3M
Total Expenses
🏦
$304.7M
Net Assets
📋
$103.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-29.7%
Year-over-year change (2022 → 2023)
Net Margin
+21.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.05
Net assets divided by total expenses
Liabilities-to-Assets
25.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,983,29530%$25,282,173$407,823,0685%
2022$45,512,76519%$25,371,39613%$387,056,2208%
2021$38,320,27054%$22,531,614$422,748,74528%
2020$24,881,4235%$22,536,4469%$331,135,968
2019$26,077,11232%$20,672,6276%$331,194,6333%
2018$38,346,55060%$19,547,50913%$321,576,90413%
2017$23,907,1244%$17,373,4881%$284,508,12212%
2016$24,832,43838%$17,141,5855%$253,947,5562%
2015$40,317,33991%$16,256,7246%$260,111,6819%
2014$21,146,8395%$15,376,21030%$238,998,23813%
2013$22,176,54015%$11,854,48313%$211,579,61115%
2012$26,115,76477%$13,682,16634%$184,694,9726%
2011$14,728,180$10,194,700$174,026,299

Frequently Asked Questions

What does The Community Foundation of Western North Carolina INC do?

The Community Foundation of Western North Carolina INC is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Community Foundation of Western North Carolina INC financially healthy?

Based on our 9-metric Financial Health Score model, The Community Foundation of Western North Carolina INC has a score of 71/100 (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 The Community Foundation of Western North Carolina INC generate?

The Community Foundation of Western North Carolina INC reports $25.9M in annual revenue and holds $434.9M in total assets, based on IRS filings.

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