New Hanover County Financing Corporation
Wilmington, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $21,723,608↓3% | $21,723,608↓3% | $240,913,779↑32% | — |
| 2023 | $22,396,634↑13% | $22,396,634↑13% | $181,912,087↑5% | — |
| 2022 | $19,818,938↑39% | $19,818,938↑39% | $173,771,463↑1% | — |
| 2021 | $14,238,390↑55% | $14,238,390↑55% | $172,395,957↑97% | — |
| 2020 | $9,195,459↓2% | $9,195,459↓2% | $87,319,124↑78% | — |
| 2019 | $9,428,056↓21% | $9,428,056↓21% | $49,023,182↓16% | — |
| 2018 | $11,912,379↓6% | $11,912,379↓6% | $58,451,237↓17% | — |
| 2017 | $12,618,661↓9% | $12,618,661↓9% | $70,363,616↓15% | — |
| 2016 | $13,803,993↓3% | $13,803,993↓3% | $82,982,304↓14% | — |
| 2015 | $14,195,487↑9% | $14,195,487↑9% | $96,786,270↓13% | — |
| 2014 | $13,081,837↓4% | $13,081,837↓4% | $110,982,357↑11% | — |
| 2013 | $13,566,047↓6% | $13,566,047↓6% | $100,192,852↓14% | — |
| 2012 | $14,456,051↑72% | $14,456,051↑72% | $116,077,250↑57% | — |
| 2011 | $8,392,991 | $8,392,991 | $73,737,813 | — |
Frequently Asked Questions
What does New Hanover County Financing Corporation do?▼
New Hanover County Financing Corporation is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W110 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Hanover County Financing Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, New Hanover County Financing Corporation has a score of 25/100 (Grade: D). 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 Hanover County Financing Corporation generate?▼
New Hanover County Financing Corporation reports $24.9M in annual revenue and holds $291.0M in total assets, based on IRS filings.
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