North Carolina High School Athletic

Analysis

North Carolina High School Athletic is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Carolina High School Athletic reported income of $5.4m and spending of $24.0m, spending 449% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $5.4m (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 155% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina High School Athletic sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include West Oxford Agricultural Society ($5.4m), Emerald Necklace Conservancy Inc ($5.4m) and Florida National Parks Association Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $175k (0.7% of expenses). Other salaries and wages came to $949k. At year end it held assets of $21.2m against liabilities of $1.6m, net assets of $19.7m. It reported 24 employees.