Averasboro Battlefield Commission Inc

Analysis

Averasboro Battlefield Commission Inc is a registered charity in United States, based in Dunn, NC. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Averasboro Battlefield Commission Inc reported income of $78k and spending of $82k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $78k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Averasboro Battlefield Commission Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Lassen County Performing Arts Council Inc ($78k), Holiday Spectacular Inc ($78k) and Cleveland County Christmas Store ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.3m against liabilities of $201k, net assets of $1.1m.

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.