Johnston-Lee-Harnett Community Action Incorporated

Analysis

Johnston-Lee-Harnett Community Action Incorporated is a registered charity in United States, based in Smithfield, NC. It received its IRS tax-exemption ruling in February 1967, 59 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 2023, Johnston-Lee-Harnett Community Action Incorporated reported income of $11.0m and spending of $10.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $11.0m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnston-Lee-Harnett Community Action Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Banyan School Inc ($11.0m), North Fork Valley Community Health Board Inc ($11.0m) and Cil Realty Inc ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $297k (2.8% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $2.8m against liabilities of $2.3m, net assets of $529k. It reported 174 employees.