BEducationEIN: 566045324· Ruling Year: 1943

North Carolina Textile Foundation Inc

Raleigh, North Carolina

A-Health Score
83A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org19.63×
Peer Median9.48×
💰
$6.9M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$92.4M
Net Assets
📋
$395K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.7%
Year-over-year change (2023 → 2024)
Net Margin
+31.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.63
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$6,908,7636%$4,706,717$92,800,05210%
2023$6,538,40328%$4,719,38128%$84,202,7501%
2022$5,103,98564%$3,689,40513%$84,834,4285%
2021$14,376,02667%$3,253,74814%$89,766,29031%
2020$8,605,04642%$3,783,7327%$68,426,5438%
2019$14,792,675243%$4,063,82916%$63,460,20431%
2018$4,312,22519%$3,488,37412%$48,621,2576%
2017$3,635,54814%$3,102,5419%$45,876,5418%
2016$4,205,13619%$2,839,34014%$42,454,4005%
2015$5,165,43048%$2,488,6829%$44,528,9353%
2014$3,485,97724%$2,284,72213%$43,429,13513%
2013$4,574,75337%$2,017,9538%$38,485,37216%
2012$3,345,64795%$1,874,7745%$33,222,255
2011$1,712,091$1,778,602$33,189,250

Frequently Asked Questions

What does North Carolina Textile Foundation Inc do?

North Carolina Textile Foundation Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Carolina Textile Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, North Carolina Textile Foundation Inc has a score of 83/100 (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 Carolina Textile Foundation Inc generate?

North Carolina Textile Foundation Inc reports $11.5M in annual revenue and holds $104.6M in total assets, based on IRS filings.

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North Carolina Textile Foundation Inc — Raleigh, NC | GiveScope