North Carolina Automobile Dealers Association Charitable Foundation

Analysis

North Carolina Automobile Dealers Association Charitable Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 1988, 38 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, North Carolina Automobile Dealers Association Charitable Foundation reported income of $140k and spending of $115k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $140k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Automobile Dealers Association Charitable Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include West Virginia Association of Alcoholism and Drug Abuse Counselo ($140k), Little League Baseball Inc ($140k) and PTA Connecticut Congress ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $676k against liabilities of $17k, net assets of $659k.