Executive Service Corps of the Greater Triangle Inc

Analysis

Executive Service Corps of the Greater Triangle Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 1989, 37 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, Executive Service Corps of the Greater Triangle Inc reported income of $417k and spending of $406k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $417k (+149%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 279%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Executive Service Corps of the Greater Triangle Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include National Caucus and Center on Black Aged Housing Services for Mississi ($417k), Sikh Gurdwara of Los Angeles Inc ($417k) and Matthew 25 Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $39k. At year end it held assets of $307k against liabilities of $91k, net assets of $217k. It reported 6 employees.