North Carolina Falun Dafa Association

Analysis

North Carolina Falun Dafa Association is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North Carolina Falun Dafa Association reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $789k to $1.6m (+104%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Carolina Falun Dafa Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include National Agriculture in the Classroom Organization-Naitc-Inc ($1.6m), Yeshivah High School of Arizona ($1.6m) and Covenant Classical School ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. At year end it held assets of $371k against liabilities of $575, net assets of $370k.