TPhilanthropy, Voluntarism & GrantmakingEIN: 581340834· Ruling Year: 1979

Gaston Community Foundation

Gastonia, North Carolina

B+Health Score
73B+

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 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.44×
Peer Median11.98×
💰
$9.3M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$93.4M
Net Assets
📋
$32.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-33.8%
Year-over-year change (2022 → 2023)
Net Margin
+3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.44
Net assets divided by total expenses
Liabilities-to-Assets
26.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,263,49134%$8,944,53525%$126,209,8005%
2022$13,988,19221%$7,152,2551%$120,059,4484%
2021$17,636,833156%$7,216,67118%$124,627,59021%
2020$6,893,3545%$6,125,06615%$102,747,98211%
2019$6,541,5954%$7,170,9896%$92,745,72611%
2018$6,828,54836%$7,605,2138%$83,337,82614%
2017$10,638,12649%$8,266,06742%$97,010,13715%
2016$7,135,81259%$5,833,9321%$84,122,5493%
2015$17,344,755132%$5,911,34324%$81,636,75312%
2014$7,476,1978%$4,770,0153%$72,875,0694%
2013$8,114,424103%$4,621,38220%$69,984,30516%
2012$3,991,3235%$3,859,12113%$60,174,14214%
2011$3,802,105$3,416,421$52,574,986

Frequently Asked Questions

What does Gaston Community Foundation do?

Gaston Community Foundation 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 Gaston Community Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Gaston Community Foundation has a score of 73/100 (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 Gaston Community Foundation generate?

Gaston Community Foundation reports $12.1M in annual revenue and holds $145.4M in total assets, based on IRS filings.

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Gaston Community Foundation — Gastonia, NC | GiveScope