Iredell Water Corporation
Statesville, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,283,045↑34% | $4,107,718↓2% | $26,594,400↑12% | |
| 2022 | $5,447,247↑12% | $4,184,718↑40% | $23,827,018↑24% | — |
| 2021 | $4,847,104↑21% | $2,981,787↑1% | $19,180,704↑32% | — |
| 2020 | $3,990,672↑8% | $2,960,980↑14% | $14,505,039↑21% | — |
| 2019 | $3,688,960↑7% | $2,600,682↑5% | $12,016,811↑4% | — |
| 2018 | $3,452,631↑8% | $2,477,522↓1% | $11,596,278↑1% | — |
| 2017 | $3,202,602↑3% | $2,497,652↓5% | $11,463,330↓2% | — |
| 2016 | $3,096,994↑5% | $2,636,649↑4% | $11,675,212↓2% | — |
| 2015 | $2,939,167↑3% | $2,547,448↑2% | $11,875,449↓3% | — |
| 2014 | $2,864,158↑6% | $2,492,125↑2% | $12,233,729↓3% | — |
| 2013 | $2,693,239↓1% | $2,434,714↑4% | $12,625,906↓3% | — |
| 2012 | $2,723,524↑1% | $2,331,986 | $13,012,676↓2% | — |
| 2011 | $2,692,086 | $2,321,649 | $13,234,965 | — |
Frequently Asked Questions
What does Iredell Water Corporation do?▼
Iredell Water Corporation 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 Iredell Water Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Iredell Water Corporation has a score of 86/100 (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 Iredell Water Corporation generate?▼
Iredell Water Corporation reports $6.6M in annual revenue and holds $29.6M in total assets, based on IRS filings.
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