SCommunity Improvement & Capacity BuildingEIN: 562038762· Ruling Year: 2002

Srcco Inc

Durham, North Carolina

CHealth Score
37C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median2.76×
💰
$44.5M
Total Revenue
📊
$61.9M
Total Expenses
🏦
$3.8M
Net Assets
📋
$34.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.2%
Year-over-year change (2022 → 2023)
Net Margin
-39.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
90.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$44,484,0221%$61,911,71757%$38,241,28611%
2022$45,012,5959%$39,505,98419%$42,830,2241%
2021$49,465,2393%$48,931,8805%$42,497,45316%
2020$48,050,65711%$51,521,9985%$36,492,5071%
2019$53,740,66231%$48,880,54639%$36,238,7836%
2018$40,972,2366%$35,122,4231%$34,246,34761%
2017$38,798,1401%$35,494,7055%$21,217,22113%
2016$39,033,527$37,330,8315%$24,266,3587%
2015$38,963,9932%$39,372,114$22,588,743
2014$39,940,82320%$39,486,9113%$22,659,61918%
2013$33,274,38717%$40,823,11767%$27,796,05353%
2012$28,525,3118%$24,396,56617%$18,150,07513%
2011$30,952,487$29,279,391$20,957,536

Frequently Asked Questions

What does Srcco Inc do?

Srcco Inc is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Srcco Inc financially healthy?

Based on our 9-metric Financial Health Score model, Srcco Inc has a score of 37/100 (Grade: C). 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 Srcco Inc generate?

Srcco Inc reports $53.5M in annual revenue and holds $44.1M in total assets, based on IRS filings.

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