Community Relief Organization of Mt Holly NC

Analysis

Community Relief Organization of Mt Holly NC is a registered charity in United States, based in Mount Holly, NC. It received its IRS tax-exemption ruling in August 1993, 33 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 2024, Community Relief Organization of Mt Holly NC reported income of $592k and spending of $600k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $520k to $592k (+14%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 207%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Relief Organization of Mt Holly NC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Balance Autism Foundation ($592k), Oregon Shores Conservation Coalition ($592k) and Camp Jim Inc ($592k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $8,651 (1.4% of expenses). Other salaries and wages came to $4,926. At year end it held assets of $391k against liabilities of $0, net assets of $391k. It reported 4 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.