Carteret County Public School Foundation

Analysis

Carteret County Public School Foundation is a registered charity in United States, based in Beaufort, NC. It received its IRS tax-exemption ruling in August 2010, 16 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, Carteret County Public School Foundation reported income of $308k and spending of $197k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $308k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carteret County Public School Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Let God Help Resources Inc ($308k), National Black Cultural Information Trust Inc ($308k) and Accrediting Council on Education in Journalism & Mass Communications ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $674k against liabilities of $0, net assets of $674k.