Cape Fear Clinic Inc

Analysis

Cape Fear Clinic Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cape Fear Clinic Inc reported income of $1.7m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $872k to $1.7m (+98%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cape Fear Clinic Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Wyoming Association of Non Profit Organizations ($1.7m), Parent Teacher Organization of Ravenwood High School Inc ($1.7m) and Kennedy Health Care Foundation Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $275k (17% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $635k against liabilities of $342k, net assets of $293k. It reported 18 employees.