North Carolina Bar Association Health Benefit TR

Cary, North Carolina

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median10.70×
💰
$58.3M
Total Revenue
📊
$56.9M
Total Expenses
🏦
$23.1M
Net Assets
📋
$5.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
19.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$58,348,3238%$56,882,1011%$28,799,9157%
2022$53,966,3953%$56,491,43010%$26,853,16014%
2021$52,442,5347%$51,489,09612%$31,337,0554%
2020$48,795,5665%$46,026,6644%$30,182,92210%
2019$46,425,3414%$44,145,57511%$27,452,74014%
2018$44,485,2576%$39,791,0677%$24,074,36422%
2017$41,816,16514%$37,184,2832%$19,713,40632%
2016$36,632,9648%$36,594,0352%$14,916,2092%
2015$33,867,8502%$35,709,0883%$15,219,53216%
2014$33,163,93711%$34,797,84313%$18,163,9965%
2013$29,864,1477%$30,809,7286%$19,189,3646%
2012$32,142,2371%$29,149,4464%$20,399,77128%
2011$32,484,202$30,332,807$15,896,673

Frequently Asked Questions

What does North Carolina Bar Association Health Benefit TR do?

North Carolina Bar Association Health Benefit TR is a mutual & membership benefit nonprofit organization based in North Carolina. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Carolina Bar Association Health Benefit TR financially healthy?

Based on our 9-metric Financial Health Score model, North Carolina Bar Association Health Benefit TR has a score of 75/100 (Grade: A-). 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 North Carolina Bar Association Health Benefit TR generate?

North Carolina Bar Association Health Benefit TR reports $63.7M in annual revenue and holds $28.2M in total assets, based on IRS filings.

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