Region K Community Assistance Corporation

Analysis

Region K Community Assistance Corporation is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in April 2012, 14 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, Region K Community Assistance Corporation reported income of $607k and spending of $517k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $539k to $607k (+13%), an average of +2.4% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Region K Community Assistance Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Fundacion Rimas Inc ($607k), Linnton Community Center ($607k) and Drift Magazine Foundation Inc ($607k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $153k. At year end it held assets of $668k against liabilities of $34k, net assets of $633k. It reported 6 employees.