North Carolina Lions Visually Impaired Persons Fishing Tournamen

Analysis

North Carolina Lions Visually Impaired Persons Fishing Tournamen is a registered charity in United States, based in Kill Devil HL, NC. It received its IRS tax-exemption ruling in May 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Lions Visually Impaired Persons Fishing Tournamen reported income of $325k and spending of $356k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $325k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 397%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Lions Visually Impaired Persons Fishing Tournamen sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include California Association for Alcohol Drug Educators Caade ($325k), Step Two Policy Group Inc ($325k) and Toolbank USA Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 18% of the total. Other salaries and wages came to $18k. At year end it held assets of $200k against liabilities of $3,042, net assets of $197k. It reported 1 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.