PHuman ServicesEIN: 753140786· Ruling Year: 2025

Carolina Caring Foundation Inc

Newton, 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

💰
$2.4M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$15.0M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+41.1%
Year-over-year change (2022 → 2023)
Net Margin
+51.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.11
Net assets divided by total expenses
Liabilities-to-Assets
7.4%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$2,370,62241%$1,147,6102%$16,238,35323%
2022$1,679,71327%$1,123,4146%$13,199,1037%
2021$2,316,16969%$1,195,0291%$14,129,10119%
2020$1,370,80311%$1,186,61425%$11,873,05110%
2019$1,541,34227%$947,11033%$10,783,22318%
2018$1,216,09285%$711,78442%$9,100,9446%
2017$656,890$500,254$9,677,033

Frequently Asked Questions

What does Carolina Caring Foundation Inc do?

Carolina Caring Foundation Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carolina Caring Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Carolina Caring Foundation Inc 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 Carolina Caring Foundation Inc generate?

Carolina Caring Foundation Inc reports $2.1M in annual revenue and holds $23.0M in total assets, based on IRS filings.

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