Carolina Ear Research Institute

Analysis

Carolina Ear Research Institute is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Carolina Ear Research Institute reported income of $221k and spending of $200k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $151k to $221k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 135%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina Ear Research Institute sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Bridges to a New Day NFP ($221k), Louisiana Alliance for Patient Safety - Pso Inc ($222k) and West Virginia Chapter of American Academy of Pediatrics Inc ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $238k against liabilities of $271, net assets of $238k.