Carolina Christian Study Center Incorporated

Analysis

Carolina Christian Study Center Incorporated is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Carolina Christian Study Center Incorporated reported income of $1.7m and spending of $1.1m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.7m (-5.5%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Carolina Christian Study Center Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Commission Ministers Network ($1.7m), Christian Community Foundation of South Florida Inc ($1.7m) and Delmarva Education Association ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $184k (17% of expenses). Other salaries and wages came to $398k. At year end it held assets of $5.3m against liabilities of $758k, net assets of $4.6m. It reported 22 employees.