Blowing Rock Civic Association

Analysis

Blowing Rock Civic Association is a registered charity in United States, based in Blowing Rock, NC. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2023, Blowing Rock Civic Association reported income of $55k and spending of $30k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $55k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Blowing Rock Civic Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Kiwanis Club of Valparaiso Sunrise Incorporated ($55k), Main Street Guthrie Center ($55k) and Chebeague Island Community Association ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.