Charity Search / BETTER HOMES FOR NORTH CAROLINA INC
Housing & Shelter (L20Z) 990 on File

BETTER HOMES FOR NORTH CAROLINA INC

EIN: 56-1783194 · RALEIGH, NC 27619-7227 · United States · FY 2025 Data
2 out of 5 34 / 100 Based on 2+ years of filings
Financial strength (30%) 51/100
Reliability (20%) 55/100
Effectiveness (25%) 31/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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Financial Overview — FY 2025
$29K
Total Revenue
$61K
Total Expenses
$640K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 8.7%
Fundraising Efficiency N/A
Operating Reserve 126.91x
Liability-to-Asset 0.2%
Revenue Diversification 90.9%
Executive Compensation $5K
Compared with Peers
FY 2025
Compared with 1,339 similar organizations (United States, Housing & Shelter, under $100K 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
8.7% 84.1%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
91.3% 13.7%
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
126.9 mo 32.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.2% 2.4%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
90.9% 99.6%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
-108.8% 9.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $29K $61K $640K 8.7% 1
2023 $61K $26K $231K 19.4% 1
2022 $130K $57K $197K 9.1% 1
2021 $47K $24K N/A — 1
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Organization Details
EIN
56-1783194
State
NC
City
RALEIGH
ZIP
27619-7227
Classification
L20Z
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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