Place of Refuge of Gaston County Inc

Analysis

Place of Refuge of Gaston County Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Place of Refuge of Gaston County Inc reported income of $52k and spending of $36k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $52k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Place of Refuge of Gaston County Inc 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 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Greenleaf Booster Association ($52k), Framingham Townwide PTO Council ($52k) and Georgetown Itl Network ($52k).

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 $389k against liabilities of $4, net assets of $389k.