Community Improvement
(S30Z)
990 on File
CATAWBA COUNTY ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$1.0M
Total Revenue
$1.0M
Total Expenses
$276K
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
68.2%
Fundraising Efficiency
N/A
Operating Reserve
3.29x
Liability-to-Asset
45.3%
Revenue Diversification
98.2%
Executive Compensation
$226K
Compared with Peers
FY 2025
Compared with 703 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
68.2% | 85.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
31.8% | 11.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.3 mo | 10.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.3% | 20.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.2% | 89.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-17.2% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-20.1% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.1% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.0M | $1.0M | $276K | 68.2% | 6 |
| 2024 | $1.2M | $1.3M | $277K | 74.0% | 6 |
| 2023 | $942K | $955K | $298K | 68.6% | 6 |
| 2022 | $834K | $768K | N/A | — | 5 |
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