East Carolina University Medical & Health Sciences Foundation Inc

Analysis

East Carolina University Medical & Health Sciences Foundation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in December 1969, 57 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 June 2023, East Carolina University Medical & Health Sciences Foundation Inc reported income of $5.5m and spending of $5.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $5.5m (+98%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Carolina University Medical & Health Sciences Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Sos International Inc ($5.5m), Mississippi University for Women Foundation ($5.5m) and San Angelo Stock Show & Rodeo Association Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 1.9% of the total. At year end it held assets of $77.4m against liabilities of $555k, net assets of $76.9m.