YMutual & Membership BenefitEIN: 561397736· Ruling Year: 2024

North Carolina Hospital Engineers Assoc

Durham, North Carolina

B+Health Score
65B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.86×
Peer Median29.60×
💰
$1.0M
Total Revenue
📊
$900K
Total Expenses
🏦
$775K
Net Assets
📋
$24
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+64.6%
Year-over-year change (2022 → 2023)
Net Margin
+13.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.86
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,036,46965%$900,436116%$775,39521%
2022$629,743298%$415,91313%$639,33850%
2021$158,13542%$366,57426%$425,50833%
2020$270,44560%$291,60453%$633,9473%
2019$668,46352%$619,47238%$655,106130%
2015$438,6313%$449,69827%$284,6174%
2014$426,36611%$352,84711%$295,68433%
2013$385,5773%$395,06628%$222,1655%
2012$373,221470%$309,119809%$210,70944%
2011$65,424$34,023$146,607

Frequently Asked Questions

What does North Carolina Hospital Engineers Assoc do?

North Carolina Hospital Engineers Assoc is a mutual & membership benefit nonprofit organization based in North Carolina. It is classified under NTEE code Y03 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Carolina Hospital Engineers Assoc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for North Carolina Hospital Engineers Assoc.

How much revenue does North Carolina Hospital Engineers Assoc generate?

North Carolina Hospital Engineers Assoc reports $1.3M in annual revenue and holds $737K in total assets, based on IRS filings.

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