CSCharityScored
90

North Carolina Insurance Guaranty Association

Other · Raleigh, North Carolina

4140 Parklake Ave Ste 320, Raleigh, NC 27612-3723

EIN: 237355707· Founded: Jul 1974· 52 years active· Filing Year: 2023

Annual Revenue

$31.5M

Total Expenses

$16.5M

Total Assets

$131.6M

Program Spending

173%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$246K

1.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.4M

Total Payroll

$2.6M

16% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 16%
Other overhead: -73%
Program Revenue$28.6M (91%)
Total Expenses$16.5M (52%)
Payroll$2.6M (16%)
Overhead (non-program)-73%

Trust Score Breakdown

Program Spending Ratio

173% of expenses go to programs

40%

Revenue & Stability

$31.5M annual revenue

15%

Executive Compensation

$246K total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$131.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.