Charity Search / BOYS AND GIRLS HOME OF NORTH CAROLINA INC
Human Services (P700) IRS Verified DX Registered 990 on File

BOYS AND GIRLS HOME OF NORTH CAROLINA INC

EIN: 58-1387871 · LAKE WACCAMAW, NC 28450-1932 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$11.3M
Total Revenue
$11.6M
Total Expenses
$26.9M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.1%
Fundraising Efficiency N/A
Operating Reserve 27.87x
Liability-to-Asset 6.3%
Revenue Diversification 84.9%
Compared with Peers
FY 2023
Compared with 2,996 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2023.
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
86.1% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
8.5% 11.3%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.4% 0.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
27.9 mo 6.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
6.3% 34.8%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.9% 93.0%
P10P90
Above median
Revenue growth
Year over year revenue growth
-38.2% 6.5%
P10P90
Expense growth
Year over year expense growth
-12.0% 8.1%
P10P90
Surplus margin
Surplus as a share of revenue
-2.0% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $11.3M $11.6M $26.9M 86.1% 0
2022 $18.4M $13.1M $26.7M 87.2% 0
2021 $12.5M $11.4M N/A 0
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Organization Details
EIN
58-1387871
State
NC
City
LAKE WACCAMAW
ZIP
28450-1932
Classification
P700
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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