Human Services
(P750)
990 on File
CAROLINA MEADOWS INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$53.8M
Total Revenue
$51.8M
Total Expenses
$-49,866,016
Net Assets
656
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.6%
Fundraising Efficiency
N/A
Operating Reserve
-11.55x
Liability-to-Asset
120.6%
Revenue Diversification
92.0%
Executive Compensation
$330K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2024.
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
|
87.6% | 87.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.4% | 11.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-11.6 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
120.6% | 32.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.0% | 92.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
10.5% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.5% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.7% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $53.8M | $51.8M | $-49,866,016 | 87.6% | 656 |
| 2023 | $48.7M | $46.5M | $-51,524,198 | 91.0% | 643 |
| 2022 | $45.3M | $44.8M | $-56,726,174 | 90.4% | 609 |
| 2021 | $43.5M | $42.1M | N/A | — | 573 |
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