Carolina Climbers Coalition

Analysis

Carolina Climbers Coalition is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 2005, 21 years ago. 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, Carolina Climbers Coalition reported income of $319k and spending of $323k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $319k (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carolina Climbers Coalition 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 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Do Cancer ($318k), Lend a Hand of Boulder City ($319k) and Great Falls-Cascade County Senior Citizens Center ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $93k. At year end it held assets of $826k against liabilities of $54k, net assets of $772k.