Carolina Caring Inc
Newton, 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 15 peers in Human Services with $10M-$100M 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 | $42,408,479↑28% | $35,568,357↑19% | $34,138,327↑35% | — |
| 2022 | $33,253,259↑6% | $29,878,383↑5% | $25,282,892↑4% | — |
| 2021 | $31,467,829↑19% | $28,520,790↑18% | $24,245,296↑11% | — |
| 2020 | $26,482,755↑19% | $24,202,735↑12% | $21,823,375↑12% | — |
| 2019 | $22,169,193↑23% | $21,592,015↑19% | $19,514,079↑12% | — |
| 2018 | $17,976,876↑6% | $18,204,568↑7% | $17,405,848↓6% | — |
| 2017 | $17,035,565↑7% | $16,942,717↑12% | $18,433,894↑1% | — |
| 2016 | $15,851,325↓14% | $15,191,211↓13% | $18,284,262↑1% | — |
| 2015 | $18,434,818↓1% | $17,405,297↓2% | $18,122,031↑7% | — |
| 2014 | $18,569,874↓8% | $17,728,310↓1% | $17,012,260↓2% | — |
| 2013 | $20,166,836 | $17,900,331↓5% | $17,343,766↑8% | — |
| 2012 | $20,257,024↑25% | $18,906,540↑19% | $15,985,760↑10% | — |
| 2011 | $16,181,825 | $15,851,769 | $14,568,347 | — |
Frequently Asked Questions
What does Carolina Caring Inc do?▼
Carolina Caring Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P74Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Carolina Caring Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Carolina Caring Inc has a score of 87/100 (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 Carolina Caring Inc generate?▼
Carolina Caring Inc reports $30.8M in annual revenue and holds $39.3M in total assets, based on IRS filings.
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