S โ€” Community Improvement & Capacity BuildingEIN: 561783235ยท Ruling Year: 2023

Anson Economic Development Corporation

Wadesboro, North Carolina

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$440K
Total Expenses
๐Ÿฆ
$2.8M
Net Assets
๐Ÿ“‹
$6.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+535.7%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+79.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.34
Net assets divided by total expenses
Liabilities-to-Assets
70.4%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2024$2,118,049โ†‘536%$439,521โ†‘103%$9,420,255โ†‘696%
2023$333,185โ†“28%$216,981โ†‘36%$1,183,493โ†‘11%
2022$463,005โ†‘168%$158,994โ†‘3%$1,065,540โ†‘40%
2021$172,480โ†“33%$155,089โ†“55%$761,557โ†‘2%
2020$257,788โ†‘392%$347,316โ†‘90820%$744,240โ†‘125%
2015$52,437$382$331,510

Frequently Asked Questions

What does Anson Economic Development Corporation do?โ–ผ

Anson Economic Development Corporation is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Anson Economic Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Anson Economic Development Corporation has a score of 69/100 (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 Anson Economic Development Corporation generate?โ–ผ

Anson Economic Development Corporation reports $2.1M in annual revenue and holds $9.4M in total assets, based on IRS filings.

Anson Economic Development Corporation โ€” Wadesboro, NC | GiveScope