The David Belk Cannon Foundation

Gastonia, North Carolina

B-Health Score
50B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org29.63×
Peer Median18.82×
💰
$3.6M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$122.9M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+179.4%
Year-over-year change (2022 → 2023)
Net Margin
-15.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
29.63
Net assets divided by total expenses
Liabilities-to-Assets
2.7%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$3,591,682179%$4,148,20722%$126,273,4767%
2022$1,285,70090%$5,306,36452%$117,648,71117%
2021$13,308,124179%$11,093,90192%$141,422,5188%
2020$4,765,85550%$5,764,76718%$130,773,6485%
2019$3,185,767136%$7,012,643231%$124,485,6761%
2016$1,351,16894%$2,118,35217%$123,371,3022%
2015$22,529,3041449%$2,565,68040%$125,794,09732%
2014$1,454,157691%$4,248,071178%$95,408,40713%
2013$183,88094%$1,525,62719%$84,719,9095%
2012$3,301,512154%$1,282,25833%$88,806,05624%
2011$1,300,647$965,163$71,608,383

Frequently Asked Questions

What does The David Belk Cannon Foundation do?

The David Belk Cannon Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The David Belk Cannon Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The David Belk Cannon Foundation has a score of 50/100 (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 The David Belk Cannon Foundation generate?

Revenue data for The David Belk Cannon Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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