Epilepsy Institute of North Carolina

Analysis

Epilepsy Institute of North Carolina is a registered charity in United States, based in Advance, NC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Epilepsy Institute of North Carolina reported income of $106k and spending of $99k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $106k (-64%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epilepsy Institute of North Carolina sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($106k), PTA Texas Congress ($106k) and Texas Game Warden Association Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $10k (10% of expenses). Other salaries and wages came to $13k. At year end it held assets of $18k against liabilities of $367k, net assets of -$349k. It reported 3 employees.