P — Human ServicesEIN: 562018957

Medassist of Mecklenburg

Charlotte, North Carolina

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median7.39×
💰
$73.8M
Total Revenue
📊
$74.7M
Total Expenses
🏦
$11.7M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.3%
Year-over-year change (2022 → 2023)
Net Margin
-1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
15.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$73,752,586↑3%$74,725,880↑8%$13,721,267↑6%
2022$71,421,311↓1%$68,994,590$12,976,938↑22%
2021$72,421,883↓13%$69,307,130↓15%$10,618,612↑49%
2020$83,036,652↑7%$81,579,374↑5%$7,150,262↑35%
2019$77,439,678↑7%$77,888,307↑8%$5,310,793↓7%
2018$72,441,990↑28%$71,862,581↑26%$5,718,009↑11%
2017$56,771,078↑30%$57,010,496↑30%$5,145,626↓3%
2016$43,656,186↑20%$43,814,907↑20%$5,314,899↓2%
2015$36,472,544↑59%$36,396,010↑60%$5,442,807↑2%
2014$22,953,291↓1%$22,810,162↓2%$5,340,334↑3%
2013$23,244,404↑4%$23,344,745↑5%$5,201,860↓2%
2012$22,366,087$22,143,397$5,284,118

Frequently Asked Questions

What does Medassist of Mecklenburg do?▼

Medassist of Mecklenburg is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Medassist of Mecklenburg financially healthy?▼

Based on our 9-metric Financial Health Score model, Medassist of Mecklenburg has a score of 61/100 (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 Medassist of Mecklenburg generate?▼

Medassist of Mecklenburg reports $66.3M in annual revenue and holds $13.1M in total assets, based on IRS filings.

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