Health Care
(E220)
990 on File
FIRST HEALTH OF THE CAROLINAS INC
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
Register and add impact metrics to be rated above three stars
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$1179.2M
Total Revenue
$1081.6M
Total Expenses
$1426.6M
Net Assets
7487
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.4%
Fundraising Efficiency
N/A
Operating Reserve
15.83x
Liability-to-Asset
20.9%
Revenue Diversification
93.3%
Executive Compensation
$10.2M
Compared with Peers
FY 2025
Compared with 485 similar organizations
(United States, Health Care, $100M and over 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
|
82.4% | 87.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.6% | 12.7% |
P10P90
|
Below median |
|
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
|
15.8 mo | 6.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.9% | 40.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.3% | 95.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-1.0% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.4% | 7.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.3% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1179.2M | $1081.6M | $1426.6M | 82.4% | 7487 |
| 2024 | $1190.9M | $1108.6M | $1316.4M | 83.8% | 7101 |
| 2023 | $1170.0M | $1096.6M | $1127.2M | 84.2% | 6632 |
| 2022 | $1109.5M | $988.6M | $1005.3M | 84.2% | 6293 |
| 2021 | $986.4M | $914.6M | N/A | — | 6288 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.