Caromont Medical Group INC
Gastonia, North Carolina
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 1225 peers in Health Care with $100M-$1B 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 | $155,331,576↑8% | $192,179,329↑10% | $71,862,686↑10% | |
| 2022 | $144,361,376↑10% | $175,319,689↑8% | $65,416,046↑49% | — |
| 2021 | $131,069,416↑5% | $162,051,189↑8% | $43,858,251↑28% | — |
| 2020 | $124,328,633↑2% | $149,986,964 | $34,318,029↑6% | — |
| 2019 | $122,372,105↑1% | $149,535,956↑6% | $32,519,699↑22% | — |
| 2018 | $121,391,347↑12% | $141,008,715↑11% | $26,611,482↓3% | — |
| 2017 | $108,372,408 | $126,466,070↑2% | $27,426,567↓22% | — |
| 2016 | $108,145,808↑2% | $124,476,491↑6% | $35,002,246↓33% | — |
| 2015 | $106,303,396↑7% | $117,064,939↑5% | $51,866,461↓20% | — |
| 2014 | $99,248,156↑7% | $111,774,079↑6% | $65,089,441↓11% | — |
| 2013 | $92,789,413↓2% | $105,454,534↓2% | $72,766,218↓13% | — |
| 2012 | $94,648,402↑8% | $107,712,120↑13% | $83,328,621↓14% | — |
| 2011 | $87,805,056 | $95,012,573 | $96,901,129 | — |
Frequently Asked Questions
What does Caromont Medical Group INC do?▼
Caromont Medical Group INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Caromont Medical Group INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Caromont Medical Group INC has a score of 46/100 (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 Caromont Medical Group INC generate?▼
Caromont Medical Group INC reports $165.7M in annual revenue and holds $82.8M in total assets, based on IRS filings.
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