North Carolina Insurance Guaranty Association
Raleigh, North Carolina
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 111 peers in Unclassified with $10M-$100M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $31,484,715↑24% | $16,499,358↓43% | $131,600,660↑13% | — |
| 2022 | $25,291,670↑14% | $29,171,088↑135% | $116,615,303↓3% | — |
| 2021 | $22,094,183↓21% | $12,411,907↓36% | $120,494,721↑9% | — |
| 2020 | $27,957,673↑48% | $19,370,315↓9% | $110,812,445↑8% | — |
| 2019 | $18,890,891↓58% | $21,331,434↑28% | $102,225,087↓2% | — |
| 2018 | $45,498,675↑289% | $16,710,283↑2% | $104,665,630↑24% | — |
| 2017 | $11,705,017↓38% | $16,400,249↓15% | $84,319,991↓4% | — |
| 2016 | $18,759,923↓25% | $19,400,666↑3% | $87,411,631↓1% | — |
| 2015 | $25,160,139↑40% | $18,851,992↑23% | $88,187,203↑8% | — |
| 2014 | $18,002,830↓29% | $15,323,354↓11% | $81,744,227↑3% | — |
| 2013 | $25,233,514↑112% | $17,302,938↓22% | $79,149,400↑11% | — |
| 2012 | $11,887,989↓47% | $22,073,625↓17% | $71,148,020↓13% | — |
| 2011 | $22,623,246 | $26,722,158 | $81,329,507 | — |
Frequently Asked Questions
What does North Carolina Insurance Guaranty Association do?▼
North Carolina Insurance Guaranty Association is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is North Carolina Insurance Guaranty Association financially healthy?▼
Based on our 9-metric Financial Health Score model, North Carolina Insurance Guaranty Association has a score of 83/100 (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 Insurance Guaranty Association generate?▼
North Carolina Insurance Guaranty Association reports $16.0M in annual revenue and holds $123.3M in total assets, based on IRS filings.
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