Larche North Carolina

Analysis

Larche North Carolina is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Larche North Carolina reported income of $328k and spending of $158k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $286k to $328k (+15%), an average of +15% a year. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Larche North Carolina sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Alpha Pregnancy Help Center ($328k), Lower Somerset County Ambulance and Rescue Squad Inc ($328k) and M2g Mhi ($328k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Other salaries and wages came to $83k. At year end it held assets of $468k against liabilities of $2,802, net assets of $465k. It reported 1 employees.