Carolina Abortion Fund

Analysis

Carolina Abortion Fund is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Carolina Abortion Fund reported income of $4.4m and spending of $947k, leaving 78% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $4.4m (+2093%), an average of +116% a year. The sharpest change came in the year to June 2022, when income rose by 277%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina Abortion Fund sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Enterprise Rescue Squad Inc ($4.4m), Marble Falls Area Emergency Medical Service ($4.4m) and JFS at Home Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $398k (42% of expenses). At year end it held assets of $5.1m against liabilities of $2,024, net assets of $5.1m. It reported 5 employees.