Donate Life North Carolina

Analysis

Donate Life North Carolina is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Donate Life North Carolina reported income of $352k and spending of $383k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $452k to $352k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Donate Life North Carolina sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Valley Meals on Wheels Inc ($352k), Old School of South Burlington Inc ($352k) and The Barnabas Group ($352k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $93k (24% of expenses). Other salaries and wages came to $113k. At year end it held assets of $225k against liabilities of $88k, net assets of $137k. It reported 3 employees.