Aggie Athletic Foundation of North Carolina A&t State Universit

Analysis

Aggie Athletic Foundation of North Carolina A&t State Universit is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in March 2011, 15 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 2023, Aggie Athletic Foundation of North Carolina A&t State Universit reported income of $985k and spending of $888k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $985k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aggie Athletic Foundation of North Carolina A&t State Universit sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Missionary Baptist Seminary & Institute ($985k), Cross Roads Pre-School Ltd ($985k) and Libertys Kitchen ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $106k. At year end it held assets of $2.6m against liabilities of $220k, net assets of $2.4m.