Davidson County Community Action Inc

Analysis

Davidson County Community Action Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in July 1968, 58 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, Davidson County Community Action Inc reported income of $340k and spending of $382k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $397k to $340k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davidson County Community Action Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Rebuilding Together St Joseph County Inc ($339k), National Orange Show Foundation ($340k) and Columbus Youth Hockey Incorporated ($339k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (22% of expenses). Other salaries and wages came to $127k. At year end it held assets of $89k against liabilities of $51k, net assets of $38k. It reported 3 employees.