North Carolina State Elks Association

Analysis

North Carolina State Elks Association is a registered charity in United States, based in Atlantic BCH, NC. It received its IRS tax-exemption ruling in December 1949, 77 years ago. 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 April 2024, North Carolina State Elks Association reported income of $349k and spending of $353k, spending 101% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $252k to $349k (+39%), an average of +8.5% a year. The sharpest change came in the year to April 2022, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina State Elks Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Independence Meals on Wheels Inc ($349k), Grace Through Faith Ministries Inc ($349k) and Strom Center Inc ($349k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $500 (0.1% of expenses). At year end it held assets of $730k against liabilities of $35k, net assets of $696k.