B — EducationEIN: 800899073· Ruling Year: 2017

Matthews Charter Academy

Matthews, 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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.02×
Peer Median20.77×
💰
$8.5M
Total Revenue
📊
$8.5M
Total Expenses
🏦
$143K
Net Assets
📋
$622K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
81.3%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$8,511,398↑2%$8,517,290↑3%$764,991↓13%
2022$8,360,318↑5%$8,273,393↑4%$878,206↓1%
2021$7,954,909↑13%$7,941,569↑13%$887,860↑74%
2020$7,018,553↑1%$7,002,604↑1%$510,695↑416%
2019$6,948,674↑21%$6,949,600↑22%$98,996↓66%
2018$5,725,588↑27%$5,719,448↑28%$290,449↑42%
2017$4,491,647$4,463,918$204,728

Frequently Asked Questions

What does Matthews Charter Academy do?▼

Matthews Charter Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Matthews Charter Academy financially healthy?▼

Based on our 9-metric Financial Health Score model, Matthews Charter Academy 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 Matthews Charter Academy generate?▼

Matthews Charter Academy reports $9.5M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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