The Optimist Club of Deep River - Northview North Carolina

Analysis

The Optimist Club of Deep River - Northview North Carolina is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, The Optimist Club of Deep River - Northview North Carolina reported income of $580k and spending of $71k, leaving 88% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $94k to $580k (+519%), an average of +58% a year. The sharpest change came in the year to September 2022, when income rose by 591%. Over the whole period it spent 30% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Optimist Club of Deep River - Northview North Carolina sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Nycrtc ($579k), Marine Education Initiative Inc ($580k) and Keweenaw Trails Services Inc ($579k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 5.5% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.