BEducationEIN: 561975907· Ruling Year: 1998

North Raleigh Christian Academy

Raleigh, North Carolina

AHealth Score
85A

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 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.73×
Peer Median9.48×
💰
$16.3M
Total Revenue
📊
$15.6M
Total Expenses
🏦
$42.5M
Net Assets
📋
$9.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.8%
Year-over-year change (2022 → 2023)
Net Margin
+4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.73
Net assets divided by total expenses
Liabilities-to-Assets
18.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,327,9683%$15,560,6428%$51,980,8543%
2022$15,888,7141%$14,426,5268%$50,620,2363%
2021$15,666,76810%$13,363,0984%$49,001,6224%
2020$14,251,543$13,873,1791%$47,150,2084%
2019$14,297,109$13,951,373$45,175,1011%
2018$14,259,785$13,882,979$44,723,718
2017$14,218,5822%$13,852,6763%$44,750,7242%
2016$13,950,5443%$13,468,7705%$43,697,8811%
2015$13,482,4674%$12,864,4012%$43,101,2111%
2014$12,977,206$12,601,4892%$43,357,2913%
2013$13,001,3571%$12,294,2566%$41,927,4901%
2012$13,190,2719%$13,117,9397%$42,560,5445%
2011$12,111,961$12,292,491$44,768,492

Frequently Asked Questions

What does North Raleigh Christian Academy do?

North Raleigh Christian Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Raleigh Christian Academy financially healthy?

Based on our 9-metric Financial Health Score model, North Raleigh Christian Academy has a score of 85/100 (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 North Raleigh Christian Academy generate?

North Raleigh Christian Academy reports $19.0M in annual revenue and holds $54.6M in total assets, based on IRS filings.

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