Counter Tools

Analysis

Counter Tools is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Counter Tools reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $969k to $1.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Counter Tools sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Georgia Alliance for Breast Cancer Inc ($1.3m), National STEM Cell Foundation Inc ($1.3m) and Mississippi Trauma Care System Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $128k (11% of expenses). Other salaries and wages came to $529k. At year end it held assets of $473k against liabilities of $0, net assets of $473k. It reported 9 employees.