Wayne County Memorial Association Inc

Analysis

Wayne County Memorial Association Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in July 1979, 47 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 June 2024, Wayne County Memorial Association Inc reported income of $528k and spending of $70k, leaving 87% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $49k to $528k (+974%), an average of +81% a year. The sharpest change came in the year to June 2021, when income rose by 931%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayne County Memorial Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include San Dieguito for Drug-Free Youth ($528k), Linglestown Fire Company No 1 ($528k) and S H a R E Inc ($528k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 2.9% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.