Foundation for the Carolinas
Charlotte, North Carolina
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 200 peers in Philanthropy, Voluntarism & Grantmaking with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $538,046,453↓44% | $582,472,149↑41% | $3,492,760,144↑14% | — |
| 2022 | $953,517,849↑24% | $414,316,706↓29% | $3,064,138,829↑5% | — |
| 2021 | $770,296,528↑40% | $584,919,704↑19% | $2,909,768,326↑21% | — |
| 2020 | $548,689,880↑89% | $489,891,267↑39% | $2,397,054,281↑15% | — |
| 2019 | $289,696,942↓36% | $351,759,763↑8% | $2,093,030,625↑14% | — |
| 2018 | $449,681,155↓32% | $325,310,194↓25% | $1,828,291,645↓4% | — |
| 2017 | $662,474,205↑49% | $435,449,740↑33% | $1,905,766,210↑26% | — |
| 2016 | $445,365,812↑16% | $326,772,081↑10% | $1,516,178,328↑18% | — |
| 2015 | $382,454,798↓44% | $297,876,975↓16% | $1,289,000,447 | — |
| 2014 | $684,331,159↑116% | $354,254,644↑81% | $1,290,153,538↑42% | — |
| 2013 | $317,091,144↑47% | $195,600,475↑12% | $908,090,732↑29% | — |
| 2012 | $215,832,204↑46% | $175,159,255↑21% | $705,548,828↑16% | — |
| 2011 | $148,316,177↓24% | $144,935,548↑5% | $608,372,246↓2% | — |
| 2010 | $196,030,092 | $138,113,578 | $619,418,694 | — |
Frequently Asked Questions
What does Foundation for the Carolinas do?▼
Foundation for the Carolinas is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T310 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Foundation for the Carolinas financially healthy?▼
Based on our 9-metric Financial Health Score model, Foundation for the Carolinas 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 Foundation for the Carolinas generate?▼
Foundation for the Carolinas reports $761.4M in annual revenue and holds $3.9B in total assets, based on IRS filings.
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