Hemophilia of North Carolina

Analysis

Hemophilia of North Carolina is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hemophilia of North Carolina reported income of $774k and spending of $640k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $551k to $774k (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hemophilia of North Carolina sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include San Ysidro Health National City Dev Corp ($773k), Redeemed American Homes Inc ($774k) and Fauquier Community Food Bank and Thrift Store ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 3.8% of the total. Other salaries and wages came to $231k. At year end it held assets of $1.2m against liabilities of $10k, net assets of $1.2m. It reported 4 employees.