North Carolina Humanities Council

Analysis

North Carolina Humanities Council is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 1989, 37 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 October 2023, North Carolina Humanities Council reported income of $1.2m and spending of $1.4m, spending 119% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $1.3m to $1.2m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to October 2021, when income rose by 238%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Humanities Council sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Uptown United ($1.2m), Omaha JT Elect App & Training Comm ($1.2m) and Sisters of Charity Hospital Foundation Inc ($1.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (11% of expenses). Other salaries and wages came to $272k. At year end it held assets of $1.3m against liabilities of $425k, net assets of $917k. It reported 6 employees.