North Carolina Home Builders Assoc Educational & Charitable Foundatio
Only null% goes to programs Strong reserves Growing revenue
North Carolina Home Builders Assoc Educational & Charitable Foundatio is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1995, with $3,530,474 in FY2024 revenue. CharityIndex grades it B.
Po Box 99090, Raleigh, NC, 27624 EIN 56-1864518 Since 1995
Revenue (FY2024)
$3.5M
▲ 131.5% vs prior year
Education median: $200K
Expenses (FY2024)
$3.3M
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for North Carolina Home Builders Assoc Educational & Charitable Foundatio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For North Carolina Home Builders Assoc Educational & Charitable Foundatio: 13 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for North Carolina Home Builders Assoc Educational & Charitable Foundatio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For North Carolina Home Builders Assoc Educational & Charitable Foundatio: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 99090, Raleigh, NC, 27624
- City
- Raleigh
- State
- North Carolina
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $15K (FY2010) to $3.5M (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $238KNet assets $3.7M
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$238K
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,530,474▲132% | $3,340,618▲109% | $3,677,271▲5.8% | $3,915,587▼25.3% | 990 |
| 2023 | $1,524,950▼59.8% | $1,599,794▲114% | $3,475,576▼1.3% | $5,242,086▼5.9% | 990 |
| 2022 | $3,791,211▲9435% | $748,501▲1994% | $3,522,830▲634% | $5,568,140▲1030% | 990 |
| 2021 | $39,761▲106% | $35,740▲160% | $479,815 | $492,664▲0.2% | 990EZ |
| 2020 | $19,306▼35.7% | $13,726▼51.3% | $479,589▲1.2% | $491,458▲1.3% | 990EZ |
| 2019 | $30,014▼39.7% | $28,163▲240% | $474,009▲0.4% | $484,955▲0.5% | 990EZ |
| 2018 | $49,757▲209% | $8,275▲89.9% | $472,158▲9.6% | $482,728▲9.3% | 990EZ |
| 2017 | $16,100▼30.8% | $4,357▼70.1% | $430,676▲2.8% | $441,496▲2.9% | 990EZ |
| 2016 | $23,253▲203% | $14,593▼4.0% | $418,933▲2.0% | $428,903▲2.4% | 990EZ |
| 2015 | $7,684▼16.0% | $15,203▲15.9% | $410,637▼1.8% | $418,927▼0.8% | 990EZ |
| 2014 | $9,152▲24.8% | $13,114▲34.9% | $418,156▼0.9% | $422,326▼0.3% | 990EZ |
| 2013 | $7,333▲40.1% | $9,720▲6.6% | $422,118▼0.6% | $423,718▼0.7% | 990EZ |
| 2012 | $5,234▼66.9% | $9,122▼30.5% | $424,505▼0.9% | $426,605▼0.4% | 990EZ |
| 2011 | $15,811▲5.8% | $13,124▼44.3% | $428,393▲0.6% | $428,393▲0.6% | 990EZ |
| 2010 | $14,947 | $23,566 | $425,704 | $425,704 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $90K total
1 grant to North Carolina Home Builders Assoc Educational & Charitable Foundatio totaling $90K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2023 | $90,000 |
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Frequently asked questions
- Is North Carolina Home Builders Assoc Educational & Charitable Foundatio a legitimate nonprofit?
- Yes. North Carolina Home Builders Assoc Educational & Charitable Foundatio is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1864518, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is North Carolina Home Builders Assoc Educational & Charitable Foundatio's EIN?
- North Carolina Home Builders Assoc Educational & Charitable Foundatio's Employer Identification Number (EIN) is 56-1864518.
- How much revenue does North Carolina Home Builders Assoc Educational & Charitable Foundatio report?
- North Carolina Home Builders Assoc Educational & Charitable Foundatio reported $3,530,474 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does North Carolina Home Builders Assoc Educational & Charitable Foundatio have?
- CharityIndex grades North Carolina Home Builders Assoc Educational & Charitable Foundatio B, based on financial health (reserves and operating margin).
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Data for North Carolina Home Builders Assoc Educational & Charitable Foundatio (EIN 56-1864518) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.