Caromont Health Inc
Gastonia, North Carolina
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,664,936↓62% | $3,831,940↓19% | $743,172,403↓11% | |
| 2022 | $61,469,914↑16% | $4,723,060↑43% | $832,406,138↓13% | — |
| 2021 | $53,008,631↑119% | $3,311,702↓12% | $956,040,256↑24% | — |
| 2020 | $24,163,248↓28% | $3,769,814↑32% | $769,770,199↑12% | — |
| 2019 | $33,647,553↓18% | $2,855,623↑14% | $685,562,710↑8% | — |
| 2018 | $41,162,868↑24% | $2,513,927↑6% | $632,309,925↑7% | — |
| 2017 | $33,081,614↑214% | $2,376,462↑7% | $592,100,156↑15% | — |
| 2016 | $10,534,081↓72% | $2,228,529↑24% | $516,843,225↓5% | — |
| 2015 | $38,282,334↑3% | $1,796,030↑18% | $541,612,016↓2% | — |
| 2014 | $37,155,458↑58% | $1,517,541↓50% | $553,732,406↑17% | — |
| 2013 | $23,480,589↑6% | $3,020,002↓22% | $472,034,433↑15% | — |
| 2012 | $22,209,298↑72% | $3,879,437↑5% | $410,456,921↑4% | — |
| 2011 | $12,909,306 | $3,706,004 | $393,846,423 | — |
Frequently Asked Questions
What does Caromont Health Inc do?▼
Caromont Health Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E110 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Caromont Health Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Caromont Health Inc has a score of 74/100 (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 Caromont Health Inc generate?▼
Caromont Health Inc reports $41.4M in annual revenue and holds $822.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in North Carolina.