North Carolina Genealogical Society Inc

Analysis

North Carolina Genealogical Society Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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, North Carolina Genealogical Society Inc reported income of $128k and spending of $125k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $128k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Genealogical Society Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include 532 East Sixth Street Housing Development Fund Corporation ($128k), Friends of the Tempe Public Library Inc ($128k) and Gainesville Public Health Community Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 31% of the total. At year end it held assets of $312k against liabilities of $15k, net assets of $298k.