Central Childrens Home of North Carolina Inc

Analysis

Central Childrens Home of North Carolina Inc is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in June 1951, 75 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 September 2022, Central Childrens Home of North Carolina Inc reported income of $891k and spending of $989k, spending 111% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income grew from $827k to $891k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to September 2021, when income rose by 109%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Childrens Home of North Carolina Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Involved for Life Inc Woman to Woman Health Center ($891k), California Association of Mental Health Peer Run Organizations ($891k) and Free Clinic of Powhatan ($891k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 33% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $111k (11% of expenses). Other salaries and wages came to $325k. At year end it held assets of $1.2m against liabilities of $111k, net assets of $1.1m. It reported 22 employees.