Halftime Carolinas Inc

Analysis

Halftime Carolinas Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Halftime Carolinas Inc reported income of $55k and spending of $118k, spending 215% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $55k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Halftime Carolinas Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Suryoyo American Association Inc ($55k), Evangelical Haitian Church of the Last Hour Inc ($55k) and Sound of Love Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.