New Charlotte Corporation

Charlotte, North Carolina

FHealth Score
16F

Financial Health Score

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

Critical

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.00×
Peer Median11.38×
💰
$35.9M
Total Revenue
📊
$35.9M
Total Expenses
🏦
$0
Net Assets
📋
$797.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.3%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.00
Net assets divided by total expenses
Liabilities-to-Assets
100.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$35,860,427↓6%$35,860,427↓6%$797,080,000↓6%
2022$38,290,341↓7%$38,290,341↓7%$852,065,000↓1%
2021$41,229,921↓22%$41,229,921↓22%$864,949,761↓17%
2020$52,623,751↑12%$52,623,751↑12%$1,043,115,855↓7%
2019$46,815,728↑4%$46,815,728↑4%$1,126,991,615↓3%
2018$45,205,703↑4%$45,205,703↑4%$1,156,985,555↓3%
2017$43,398,675↑22%$43,398,675↑22%$1,187,704,885↑19%
2016$35,582,931↑1%$35,582,931↑1%$998,583,445↓4%
2015$35,295,668↓3%$35,295,668↓3%$1,044,454,804↑5%
2014$36,483,163↓4%$36,483,163↓4%$996,149,600↑1%
2013$38,075,559↓13%$38,075,559↓13%$982,255,000↑10%
2011$43,712,443$43,712,443$891,505,000

Frequently Asked Questions

What does New Charlotte Corporation do?▼

New Charlotte Corporation is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W190 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Charlotte Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, New Charlotte Corporation has a score of 16/100 (Grade: F). 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 New Charlotte Corporation generate?▼

New Charlotte Corporation reports $39.1M in annual revenue and holds $854.1M in total assets, based on IRS filings.

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