ZUnclassifiedEIN: 561222676

North Carolina Joint Underwriting Association

Raleigh, North Carolina

B-Health Score
53B-

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.18×
Peer Median0.87×
💰
$165.5M
Total Revenue
📊
$158.2M
Total Expenses
🏦
$27.8M
Net Assets
📋
$149.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.7%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.18
Net assets divided by total expenses
Liabilities-to-Assets
84.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$165,509,27127%$158,154,65118%$177,588,15528%
2022$130,581,42217%$134,189,97922%$138,408,79615%
2021$111,313,45013%$109,911,2483%$120,203,04014%
2020$98,575,62610%$113,567,81715%$105,543,148
2019$89,250,7147%$99,132,31751%$105,034,31327%
2018$83,659,52011%$204,319,889225%$82,450,6481%
2017$75,546,9659%$62,816,71835%$82,952,1354%
2016$69,082,95315%$96,705,18886%$86,064,28315%
2015$60,140,24931%$51,911,8887%$74,551,71822%
2014$45,912,14926%$48,544,45144%$61,043,79312%
2013$36,545,545470%$33,744,350395%$54,496,263139%
2012$6,415,76862%$6,813,85961%$22,805,3803%
2012$16,940,3664%$17,298,42664%$23,597,71827%
2011$16,220,964$47,848,627$32,349,283

Frequently Asked Questions

What does North Carolina Joint Underwriting Association do?

North Carolina Joint Underwriting 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 Joint Underwriting Association financially healthy?

Based on our 9-metric Financial Health Score model, North Carolina Joint Underwriting Association has a score of 53/100 (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 North Carolina Joint Underwriting Association generate?

North Carolina Joint Underwriting Association reports $232.8M in annual revenue and holds $226.5M in total assets, based on IRS filings.

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