Central Carolina Health Network

Analysis

Central Carolina Health Network is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Carolina Health Network reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Carolina Health Network sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Winston Prouty Center for Child and Family Development Inc ($2.9m), Trinity Montessori School Inc ($2.9m) and Ohio Chapter American Academy of Pediatrics ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $65k (2.3% of expenses). Other salaries and wages came to $273k. At year end it held assets of $556k against liabilities of $317k, net assets of $240k. It reported 7 employees.