North Carolina Heroes Fund Incorporated

Analysis

North Carolina Heroes Fund Incorporated is a registered charity in United States, based in Pineville, NC. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, North Carolina Heroes Fund Incorporated reported income of $71k and spending of $92k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $71k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Carolina Heroes Fund Incorporated sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Friends of Ipswich Elementary Schools Inc ($71k), Scott County Band Boosters Inc ($71k) and Ehs Mens Basketball Boosters ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.