Guidance Carolina

Analysis

Guidance Carolina is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 1982, 44 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 December 2023, Guidance Carolina reported income of $1.1m and spending of $969k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $599k to $1.1m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guidance Carolina sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Council on Aging of Elkhart County Inc ($1.1m), Camp Juliette Low Inc ($1.1m) and St Louis Childrens Choirs ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $288k (30% of expenses). Other salaries and wages came to $339k. At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 16 employees.