Dare Coalition Against Substance Abuse Inc

Analysis

Dare Coalition Against Substance Abuse Inc is a registered charity in United States, based in Kill Devil HL, NC. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Dare Coalition Against Substance Abuse Inc reported income of $118k and spending of $118k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $165k to $118k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dare Coalition Against Substance Abuse Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Pequannock Township First Aid & Rescue Squad Inc ($118k), The Big Stomp Inc ($118k) and Providence Memorial Hospital Auxiliary ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (31% of expenses). Other salaries and wages came to $17k. At year end it held assets of $106k against liabilities of $32k, net assets of $74k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.