The North Carolina Rheumatology Association

Analysis

The North Carolina Rheumatology Association is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The North Carolina Rheumatology Association reported income of $290k and spending of $351k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $290k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The North Carolina Rheumatology Association sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Belltown Fire Department Inc ($290k), Healing Clinical Counseling Center Inc ($290k) and West Virginia Healthy Kids and Families Coalition ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 27% of the total. Other salaries and wages came to $48k. At year end it held assets of $484k against liabilities of $0, net assets of $484k.