EHealth CareEIN: 562049697

Carolina Healthcare Associates INC

Winston Salem, North Carolina

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.33×
Peer Median8.62×
💰
$79.9M
Total Revenue
📊
$79.9M
Total Expenses
🏦
$26.4M
Net Assets
📋
$7.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.8%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
21.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$79,873,53013%$79,873,53013%$33,524,9537%
2022$70,804,082297%$70,804,082297%$31,282,61320%
2021$17,817,27788%$17,812,84290%$39,295,55150%
2021$143,356,87236%$175,406,17618%$26,165,5689%
2020$223,905,3358%$213,742,3312%$28,867,1151%
2019$208,050,40410%$210,181,3579%$28,608,36530%
2018$188,842,6388%$192,055,5237%$22,018,79915%
2017$204,924,0666%$205,840,24111%$25,863,0881%
2016$193,623,01424%$185,187,18412%$26,053,07320%
2015$155,551,83613%$165,760,49025%$21,665,6684%
2014$137,052,67120%$132,258,43213%$22,608,34336%
2013$114,464,03133%$117,396,97541%$16,631,95115%
2012$86,147,44140%$83,313,18056%$19,603,38044%
2011$61,507,824$53,294,124$13,571,517

Frequently Asked Questions

What does Carolina Healthcare Associates INC do?

Carolina Healthcare Associates INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carolina Healthcare Associates INC financially healthy?

Based on our 9-metric Financial Health Score model, Carolina Healthcare Associates INC has a score of 70/100 (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 Carolina Healthcare Associates INC generate?

Carolina Healthcare Associates INC reports $93.3M in annual revenue and holds $30.0M in total assets, based on IRS filings.

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