S — Community Improvement & Capacity BuildingEIN: 562038762· Ruling Year: 2002

Srcco Inc

Durham, North Carolina

CHealth Score
37C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median2.76×
💰
$44.5M
Total Revenue
📊
$61.9M
Total Expenses
🏦
$3.8M
Net Assets
📋
$34.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.2%
Year-over-year change (2022 → 2023)
Net Margin
-39.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
90.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$44,484,022↓1%$61,911,717↑57%$38,241,286↓11%
2022$45,012,595↓9%$39,505,984↓19%$42,830,224↑1%
2021$49,465,239↑3%$48,931,880↓5%$42,497,453↑16%
2020$48,050,657↓11%$51,521,998↑5%$36,492,507↑1%
2019$53,740,662↑31%$48,880,546↑39%$36,238,783↑6%
2018$40,972,236↑6%$35,122,423↓1%$34,246,347↑61%
2017$38,798,140↓1%$35,494,705↓5%$21,217,221↓13%
2016$39,033,527$37,330,831↓5%$24,266,358↑7%
2015$38,963,993↓2%$39,372,114$22,588,743
2014$39,940,823↑20%$39,486,911↓3%$22,659,619↓18%
2013$33,274,387↑17%$40,823,117↑67%$27,796,053↑53%
2012$28,525,311↓8%$24,396,566↓17%$18,150,075↓13%
2011$30,952,487$29,279,391$20,957,536

Frequently Asked Questions

What does Srcco Inc do?▼

Srcco Inc is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Srcco Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Srcco Inc has a score of 37/100 (Grade: C). 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 Srcco Inc generate?▼

Srcco Inc reports $53.5M in annual revenue and holds $44.1M in total assets, based on IRS filings.

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