Club Nova Community Inc

Analysis

Club Nova Community Inc is a registered charity in United States, based in Carrboro, NC. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Club Nova Community Inc reported income of $1.1m and spending of $785k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.1m (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Club Nova Community Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Scottsdale Community Partners ($1.1m), Asrt Foundation ($1.1m) and Deep Within Rehab Center Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $108k (14% of expenses). Other salaries and wages came to $313k. At year end it held assets of $4.5m against liabilities of $94k, net assets of $4.4m. It reported 13 employees.