North Carolina Academy of Family Physicians Foundation

Analysis

North Carolina Academy of Family Physicians Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Academy of Family Physicians Foundation reported income of $1.1m and spending of $666k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $898k to $1.1m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Carolina Academy of Family Physicians Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Our Voice Inc ($1.1m), North Country Healthy Heart Network Inc ($1.1m) and Northeast Life Skills Associates Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $206k. It paid $104k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $23k, net assets of $3.4m.