LHousing & ShelterEIN: 561478492· Ruling Year: 2005

Skill Creations Inc

Goldsboro, North Carolina

B+Health Score
68B+

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 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.25×
Peer Median12.01×
💰
$48.5M
Total Revenue
📊
$47.1M
Total Expenses
🏦
$11.6M
Net Assets
📋
$11.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.2%
Year-over-year change (2022 → 2023)
Net Margin
+3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
49.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$48,517,9899%$47,059,21612%$22,830,58865%
2022$44,435,8085%$41,907,8054%$13,834,04819%
2021$42,438,21715%$40,291,9479%$11,669,34733%
2020$36,922,5113%$36,919,2904%$8,795,4593%
2019$35,832,2282%$35,379,8083%$8,519,1858%
2018$35,210,2322%$34,226,1914%$7,902,88011%
2017$34,364,3915%$33,046,8524%$7,098,17928%
2016$32,726,8385%$31,816,9904%$5,549,53810%
2015$31,207,287$30,661,9441%$5,051,49714%
2014$31,284,9022%$31,051,7422%$4,446,7352%
2013$30,740,7893%$31,606,857$4,516,8918%
2012$31,727,2591%$31,488,9151%$4,902,94413%
2011$31,557,573$31,143,780$5,653,279

Frequently Asked Questions

What does Skill Creations Inc do?

Skill Creations Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skill Creations Inc financially healthy?

Based on our 9-metric Financial Health Score model, Skill Creations Inc has a score of 68/100 (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 Skill Creations Inc generate?

Skill Creations Inc reports $50.8M in annual revenue and holds $20.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in North Carolina.