Caldwell Friends Inc 918 West Ave NW

Analysis

Caldwell Friends Inc 918 West Ave NW is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Caldwell Friends Inc 918 West Ave NW reported income of $56k and spending of $48k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $56k (+27%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Caldwell Friends Inc 918 West Ave NW sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Rhode Island Rugby Football Foundation Inc ($56k), Play - Play and Learn Through Art and Yoga ($56k) and Big Lake Youth Volleyball Association ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $50k against liabilities of $419, net assets of $49k.