University of NC Chapel Hill Public Health Foundation Inc

Analysis

University of NC Chapel Hill Public Health Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 1992, 34 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 June 2023, University of NC Chapel Hill Public Health Foundation Inc reported income of $5.1m and spending of $5.6m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of NC Chapel Hill Public Health Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Benton Franklin Workforce Development Council ($5.1m), Camp Manitowish Y M C a Inc ($5.1m) and Fairview Volunteer Fire Department Incorporated Buncombe County ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $88.5m against liabilities of $51k, net assets of $88.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.