43 North Inc

Analysis

43 North Inc is a registered charity in United States, based in Hailey, ID. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2023, 43 North Inc reported income of $91k and spending of $2,772, leaving 97% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $139k to $91k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 3.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 43 North Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within ID. Charities of a similar size with the same main cause include Pine Island Food Pantry Inc ($91k), Project Care ($91k) and Penfield Ecumenical Food Shelf Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $725k against liabilities of $0, net assets of $725k.