Cape Fear Regional Bureau for Community Action Inc

Analysis

Cape Fear Regional Bureau for Community Action Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Cape Fear Regional Bureau for Community Action Inc reported income of $376k and spending of $413k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $466k to $376k (-19%), an average of -5.2% a year. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cape Fear Regional Bureau for Community Action Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Ecotech Visions Foundation ($376k), Current River Sheltered Workshop ($376k) and Faith Coalition for the Common Good Inc ($376k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (21% of expenses). Other salaries and wages came to $163k. At year end it held assets of $59k against liabilities of $70k, net assets of -$11k. It reported 7 employees.

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.