Dillard Alumni and Friends Incorporated

Analysis

Dillard Alumni and Friends Incorporated is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 August 2023, Dillard Alumni and Friends Incorporated reported income of $301k and spending of $194k, leaving 36% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $230k to $301k (+31%), an average of +31% a year. The sharpest change came in the year to August 2023, when income rose by 31%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dillard Alumni and Friends Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Spencer-Owen County Economic Development Corporation ($301k), Elderly Persons in Community Inc ($301k) and Libertyville Cooperative Nursery School ($301k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $565k against liabilities of $0, net assets of $565k.