Greensboro Cerebral Palsy Association Inc

Analysis

Greensboro Cerebral Palsy Association Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 1954, 72 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Greensboro Cerebral Palsy Association Inc reported income of $496k and spending of $652k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $567k to $496k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greensboro Cerebral Palsy Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Western Missouri Medical Center Foundation ($495k), Heart of the Valley Birth and Beyond ($496k) and Monida Healthcare Network Resources ($495k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $50k (7.7% of expenses). Other salaries and wages came to $343k. At year end it held assets of $1.2m against liabilities of $1,308, net assets of $1.2m. It reported 12 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.