Center for Creative Aging North Carolina

Analysis

Center for Creative Aging North Carolina is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Center for Creative Aging North Carolina reported income of $343k and spending of $363k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $343k (-66%), an average of -24% a year. The sharpest change came in the year to September 2021, when income rose by 91%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Creative Aging North Carolina sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Factor-H ($343k), Nami Idaho Inc ($343k) and Frontline Resurrection ($343k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $45k (12% of expenses). Other salaries and wages came to $79k. At year end it held assets of $1.0m against liabilities of $27k, net assets of $1.0m. It reported 5 employees.