LHousing & ShelterEIN: 562277623· Ruling Year: 2005

Galloway Ridge Inc

Pittsboro, North Carolina

B-Health Score
45B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.78×
Peer Median12.01×
💰
$37.4M
Total Revenue
📊
$34.7M
Total Expenses
🏦
-$27.1M
Net Assets
📋
$167.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.78
Net assets divided by total expenses
Liabilities-to-Assets
119.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$37,431,3715%$34,695,46110%$139,974,8022%
2022$35,663,1211%$31,422,3197%$137,228,3275%
2021$36,150,1845%$29,279,6501%$130,866,786
2020$34,550,1287%$29,534,70312%$131,431,887
2019$32,191,4413%$33,720,1469%$131,231,8324%
2018$31,310,5534%$30,856,339$136,381,8503%
2017$30,086,3605%$30,720,7381%$140,601,9581%
2016$28,623,9781%$30,334,7002%$141,398,3901%
2015$28,807,6018%$29,606,2515%$143,514,3641%
2014$26,757,45518%$28,311,7745%$144,987,528
2013$22,715,1996%$27,013,09714%$145,467,6055%
2012$21,493,01310%$23,750,99513%$152,513,6091%
2011$19,571,614$20,971,243$154,301,992

Frequently Asked Questions

What does Galloway Ridge Inc do?

Galloway Ridge Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Galloway Ridge Inc financially healthy?

Based on our 9-metric Financial Health Score model, Galloway Ridge Inc has a score of 45/100 (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 Galloway Ridge Inc generate?

Galloway Ridge Inc reports $42.4M in annual revenue and holds $143.2M in total assets, based on IRS filings.

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