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North Carolina Families United

RegisteredEIN 56-1922568Lenoir, NCPoverty relief
Income$1.2m2021-06
Spending$1.0msame year
Spent / received93%2-year average
Size in its cause77th pctPoverty relief
Exempt since1995Publicly supported organisat
Employees0latest return

Analysis

North Carolina Families United is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2021, North Carolina Families United reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 2 years on record, from June 2020 to June 2021, income grew from $1.1m to $1.2m (+3.9%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Families United sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Kings Chapel Early Care and Education Center ($1.2m), Options for Women Pregnancy Help Clinic Inc ($1.2m) and New Directions Career Center ($1.2m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $552k. At year end it held assets of $481k against liabilities of $258k, net assets of $223k.

Income and spending

$0$295k$590k$885k$1.2m2020 Income: $1,135,5102020 Spending: $1,140,87120202021 Income: $1,179,9842021 Spending: $1,006,8062021
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Kings Chapel Early Care and Education CenterHartford$1.2m
Options for Women Pregnancy Help Clinic IncLakeland$1.2m
New Directions Career CenterColumbus$1.2m
Kids of Excellence - 2New Orleans$1.2m