ZUnclassifiedEIN: 237355707

North Carolina Insurance Guaranty Association

Raleigh, North Carolina

A-Health Score
83A-

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

💰
$31.5M
Total Revenue
📊
$16.5M
Total Expenses
🏦
$131.6M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.5%
Year-over-year change (2022 → 2023)
Net Margin
+47.6%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,484,71524%$16,499,35843%$131,600,66013%
2022$25,291,67014%$29,171,088135%$116,615,3033%
2021$22,094,18321%$12,411,90736%$120,494,7219%
2020$27,957,67348%$19,370,3159%$110,812,4458%
2019$18,890,89158%$21,331,43428%$102,225,0872%
2018$45,498,675289%$16,710,2832%$104,665,63024%
2017$11,705,01738%$16,400,24915%$84,319,9914%
2016$18,759,92325%$19,400,6663%$87,411,6311%
2015$25,160,13940%$18,851,99223%$88,187,2038%
2014$18,002,83029%$15,323,35411%$81,744,2273%
2013$25,233,514112%$17,302,93822%$79,149,40011%
2012$11,887,98947%$22,073,62517%$71,148,02013%
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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