NC Greenpower Corporation Non Profit

Analysis

NC Greenpower Corporation Non Profit is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, NC Greenpower Corporation Non Profit reported income of $939k and spending of $1.4m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $925k to $939k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 131% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, NC Greenpower Corporation Non Profit sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Conestee Foundation Inc ($937k), Sustain Dane Inc ($939k) and National Network of Abortion Funds ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2.7m against liabilities of $260k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.