Exploring Joara Foundation Inc

Analysis

Exploring Joara Foundation Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Exploring Joara Foundation Inc reported income of $90k and spending of $54k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $50k to $90k (+82%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 107%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Exploring Joara Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Fort Armstrong Folk Festival Inc ($90k), Standing Room Only Inc ($90k) and Sandhills Family Heritage Association ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 53% of the total. At year end it held assets of $305k against liabilities of $839, net assets of $304k.