ZUnclassifiedEIN: 581529912· Ruling Year: 1984

Myrtle Grove Christian School

Wilmington, North Carolina

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.42×
Peer Median15.40×
💰
$4.4M
Total Revenue
📊
$4.2M
Total Expenses
🏦
$1.8M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.9%
Year-over-year change (2023 → 2024)
Net Margin
+4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
55.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$4,422,53312%$4,206,0722%$3,894,8886%
2023$3,953,2272%$4,107,60513%$3,663,7244%
2022$4,046,99530%$3,626,47515%$3,833,07445%
2021$3,124,2394%$3,152,2669%$2,635,30724%
2020$3,017,8992%$2,901,2621%$2,125,394
2019$2,948,26611%$2,917,72910%$2,115,4904%
2018$2,645,9124%$2,642,6581%$2,033,3279%
2017$2,745,8236%$2,622,8203%$2,239,3233%
2016$2,583,1921%$2,534,178$2,165,2976%
2015$2,546,8931%$2,542,369$2,042,912
2014$2,584,2025%$2,544,6116%$2,044,08815%
2013$2,466,8837%$2,404,4105%$1,776,1124%
2012$2,299,321$2,283,735$1,705,620

Frequently Asked Questions

What does Myrtle Grove Christian School do?

Myrtle Grove Christian School is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Myrtle Grove Christian School financially healthy?

Based on our 9-metric Financial Health Score model, Myrtle Grove Christian School has a score of 62/100 (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 Myrtle Grove Christian School generate?

Myrtle Grove Christian School reports $4.8M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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