North Carolina Zoological Society Inc

Analysis

North Carolina Zoological Society Inc is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 December 2023, North Carolina Zoological Society Inc reported income of $16.7m and spending of $10.1m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $16.7m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 52% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, North Carolina Zoological Society Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include International Crane Foundation Inc ($16.5m), The David Sheldrick Wildlife Trust USA Inc ($16.7m) and Hawaiian Humane Society ($16.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $321k (3.2% of expenses). Other salaries and wages came to $1.1m. It paid $120k in professional fundraising fees. At year end it held assets of $61.3m against liabilities of $5.6m, net assets of $55.6m. It reported 71 employees.