Caromont Health Services Inc
Gastonia, 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 39 peers in Health Care 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 | $19,864,973↑4% | $17,352,681↓1% | $8,619,956↓9% | |
| 2022 | $19,175,361↑16% | $17,522,124↑13% | $9,483,012↓25% | — |
| 2021 | $16,561,125↓2% | $15,488,744↑3% | $12,627,199↓11% | — |
| 2020 | $16,845,508↑11% | $15,019,608↑4% | $14,119,464↓20% | — |
| 2019 | $15,239,998↑1% | $14,451,276↑1% | $17,608,358↓6% | — |
| 2018 | $15,142,302↑7% | $14,296,068↑6% | $18,636,046↓5% | — |
| 2017 | $14,100,192↓1% | $13,534,831 | $19,524,083↓2% | — |
| 2016 | $14,313,178↑5% | $13,477,113↑7% | $19,964,310↓4% | — |
| 2015 | $13,652,372↑4% | $12,598,268↓1% | $20,760,027↑15% | — |
| 2014 | $13,099,646↓2% | $12,690,049↑3% | $18,068,547↑4% | — |
| 2013 | $13,422,869↑9% | $12,341,196↑6% | $17,392,149↑2% | — |
| 2012 | $12,348,425↑49% | $11,617,249↑44% | $17,084,194↑45% | — |
| 2011 | $8,297,366 | $8,068,375 | $11,786,684 | — |
Frequently Asked Questions
What does Caromont Health Services Inc do?▼
Caromont Health Services Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Caromont Health Services Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Caromont Health Services Inc has a score of 74/100 (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 Caromont Health Services Inc generate?▼
Caromont Health Services Inc reports $21.8M in annual revenue and holds $8.8M in total assets, based on IRS filings.
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