Pitt County Educational Foundation Inc

Analysis

Pitt County Educational Foundation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in November 1987, 39 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, Pitt County Educational Foundation Inc reported income of $311k and spending of $290k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $311k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pitt County Educational Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Iowa Behavioral Health Association ($311k), Glade Valley Athletic Association ($311k) and Wellfleet Historical Society Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 5.6% of the total. At year end it held assets of $1.3m against liabilities of $127k, net assets of $1.1m.