Strong Center Incorporated

Analysis

Strong Center Incorporated is a registered charity in United States, based in Fuquay Varina, NC. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Strong Center Incorporated reported income of $234k and spending of $194k, spending 83% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $200k to $234k (+17%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Strong Center Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Hope for Youth ($234k), Made for More Foundation ($234k) and Shoreline Sports Foundation ($234k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 4.7% of the total. At year end it held assets of $79k against liabilities of $17k, net assets of $62k.