LHousing & ShelterEIN: 581307937· Ruling Year: 1978

Carmel Hills Retirement Comm

Charlotte, North Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

💰
$4.0M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$831K
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.4%
Year-over-year change (2023 → 2024)
Net Margin
+6.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.22
Net assets divided by total expenses
Liabilities-to-Assets
75.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,987,74412%$3,718,3872%$3,442,4514%
2023$3,548,0685%$3,807,87711%$3,319,02710%
2022$3,393,6739%$3,432,74910%$3,669,84320%
2021$3,120,4221%$3,124,2365%$3,066,85515%
2020$3,077,95510%$2,967,5642%$3,587,337
2019$2,808,2603%$2,919,8815%$3,581,489
2018$2,884,4352%$2,780,1647%$3,588,885
2017$2,834,491$2,606,6163%$3,597,0999%
2016$2,845,3887%$2,529,6466%$3,940,07515%
2015$2,660,7673%$2,380,0344%$3,419,12911%
2014$2,580,94916%$2,282,9382%$3,070,6287%
2013$2,233,4921%$2,246,0385%$2,870,72419%
2012$2,263,483$2,131,452$2,409,175

Frequently Asked Questions

What does Carmel Hills Retirement Comm do?

Carmel Hills Retirement Comm is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carmel Hills Retirement Comm financially healthy?

Based on our 9-metric Financial Health Score model, Carmel Hills Retirement Comm has a score of 56/100 (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 Carmel Hills Retirement Comm generate?

Carmel Hills Retirement Comm reports $3.8M in annual revenue and holds $3.6M in total assets, based on IRS filings.

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