Operation Northstate Inc

Analysis

Operation Northstate Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Operation Northstate Inc reported income of $397k and spending of $347k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $279k to $397k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Northstate Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Vermilion Parish Council on Aging ($397k), Boundless Expectations Inc ($397k) and Young Mens Christian Association of the Coosa Valley Inc ($397k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $788k against liabilities of $40k, net assets of $748k.