Least of These Carolinas Inc

Analysis

Least of These Carolinas Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2023, Least of These Carolinas Inc reported income of $864k and spending of $732k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $864k (+154%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 121%. 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, Least of These Carolinas Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Crossover Outreach ($863k), Childrens Learning Center of Posey County Inc ($864k) and Domestic Violence Sexual Assault Center Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $50k (6.9% of expenses). Other salaries and wages came to $169k. At year end it held assets of $872k against liabilities of $117k, net assets of $754k. It reported 11 employees.