EHealth CareEIN: 562098739· Ruling Year: 1998

The Carousel Center Inc

Wilmington, 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

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.55×
Peer Median29.34×
💰
$2.6M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$1.6M
Net Assets
📋
$597K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.0%
Year-over-year change (2023 → 2024)
Net Margin
-8.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
27.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,645,7643%$2,870,6444%$2,178,47116%
2023$2,568,3442%$2,749,80829%$2,606,32416%
2022$2,624,65411%$2,127,43418%$2,253,22343%
2021$2,358,86242%$1,796,35411%$1,574,35832%
2020$1,658,04415%$1,623,48138%$1,193,19722%
2019$1,447,31124%$1,175,82926%$976,46240%
2018$1,168,50823%$932,48616%$698,64053%
2017$950,01918%$806,9125%$455,16948%
2016$803,7895%$769,2719%$308,2555%
2015$762,51333%$705,12610%$292,49138%
2014$572,6242%$642,77133%$211,45632%
2013$563,6117%$484,870$308,79131%
2012$528,489$483,571$236,140

Frequently Asked Questions

What does The Carousel Center Inc do?

The Carousel Center 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 The Carousel Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, The Carousel Center Inc 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 The Carousel Center Inc generate?

The Carousel Center Inc reports $2.6M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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