P — Human ServicesEIN: 561443222

Southminster INC

Charlotte, North Carolina

B-Health Score
48B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.31×
Peer Median7.39×
💰
$51.2M
Total Revenue
📊
$51.3M
Total Expenses
🏦
-$16.1M
Net Assets
📋
$264.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.1%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.31
Net assets divided by total expenses
Liabilities-to-Assets
106.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$51,247,846↑10%$51,277,445↑10%$248,725,124↓1%
2022$46,562,509↑20%$46,616,748↑11%$251,267,272↑3%
2021$38,734,490↑14%$42,078,257↑28%$243,805,102
2020$33,835,189↑1%$32,834,681↑7%$242,719,706↑6%
2019$33,456,364↑7%$30,764,577↑7%$228,819,591↑10%
2018$31,150,720↑3%$28,826,891↓1%$207,700,331↑96%
2017$30,304,584↑7%$29,180,842↑3%$105,836,346↓1%
2016$28,354,070↑2%$28,324,450↑7%$106,564,379↓1%
2015$27,878,562↑4%$26,478,006↑4%$107,184,248↓3%
2014$26,750,470↑15%$25,359,812↑10%$110,503,036↑2%
2013$23,167,123↑12%$22,970,825↑10%$108,001,925↑2%
2012$20,748,143↑3%$20,918,476↓2%$105,413,415↑3%
2011$20,081,274$21,377,676$102,420,104

Frequently Asked Questions

What does Southminster INC do?▼

Southminster INC is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Southminster INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Southminster INC has a score of 48/100 (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 Southminster INC generate?▼

Southminster INC reports $54.4M in annual revenue and holds $237.7M in total assets, based on IRS filings.

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