Carolina Breast Friends Inc

Analysis

Carolina Breast Friends Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Carolina Breast Friends Inc reported income of $743k and spending of $593k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $444k to $743k (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 166%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina Breast Friends Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Conejo Free Clinic ($743k), Hope Clinic ($744k) and Ridgway Ambulance Corp ($743k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $125k (21% of expenses). Other salaries and wages came to $274k. At year end it held assets of $1.5m against liabilities of $15k, net assets of $1.5m. It reported 8 employees.