North Carolina Academy of Science

Analysis

North Carolina Academy of Science is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1974, 52 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, North Carolina Academy of Science reported income of $63k and spending of $22k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $63k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Academy of Science sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Protectors of Pine Oak Woods Inc ($63k), Seattle Childrens Hospital ($63k) and Marthas Vineyard Sexual Wellness Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 29% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.