Cary Academy
Cary, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education 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 | $28,958,447↑1% | $28,446,572↑6% | $90,856,192↑4% | — |
| 2022 | $28,768,362↑10% | $26,746,569↑9% | $87,453,484↓5% | — |
| 2021 | $26,213,526↑13% | $24,559,817↑1% | $92,134,722↑9% | — |
| 2020 | $23,263,342↓5% | $24,276,593↑3% | $84,549,550↓2% | — |
| 2019 | $24,570,300 | $23,612,546↑5% | $86,082,955↑2% | — |
| 2018 | $24,610,600↓9% | $22,573,690↑1% | $84,325,588↑2% | — |
| 2017 | $27,191,529↑27% | $22,278,875 | $82,537,994↑8% | — |
| 2016 | $21,492,696↓16% | $22,320,118↑5% | $76,261,401↓13% | — |
| 2015 | $25,635,279↓2% | $21,240,234↑5% | $87,444,553↑7% | — |
| 2014 | $26,194,092↑10% | $20,209,001↑4% | $82,067,424↑15% | — |
| 2013 | $23,750,536↓28% | $19,468,643↑1% | $71,361,857↑9% | — |
| 2012 | $32,879,076↑84% | $19,294,813↑1% | $65,615,151↑29% | — |
| 2011 | $17,864,890 | $19,075,006 | $50,871,712 | — |
Frequently Asked Questions
What does Cary Academy do?▼
Cary Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B250 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cary Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Cary Academy has a score of 84/100 (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 Cary Academy generate?▼
Cary Academy reports $33.6M in annual revenue and holds $97.8M in total assets, based on IRS filings.
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