Dare County Education Foundation Inc

Analysis

Dare County Education Foundation Inc is a registered charity in United States, based in Kitty Hawk, NC. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dare County Education Foundation Inc reported income of $495k and spending of $487k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $440k to $495k (+12%), an average of +3.0% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dare County Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Spirit at Play Inc ($495k), Harvard Dedicated Energy Limited ($495k) and Northwood Montessori School Inc ($495k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $65k (13% of expenses). At year end it held assets of $2.9m against liabilities of $418k, net assets of $2.5m. It reported 1 employees.