North Carolina Trapshooters Hall of Fame Inc

Analysis

North Carolina Trapshooters Hall of Fame Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 1995, 31 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 (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 Trapshooters Hall of Fame Inc reported income of $279k and spending of $311k, spending 111% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income grew from $77k to $279k (+264%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Trapshooters Hall of Fame Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Italian Cultural Center ($279k), Ray of Light Theatre ($279k) and Mayflower Society House Endowment Fund ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 91% of the total. At year end it held assets of $525k against liabilities of $35k, net assets of $490k.