Voices in the Laurel Inc

Analysis

Voices in the Laurel Inc is a registered charity in United States, based in LK Junaluska, NC. It received its IRS tax-exemption ruling in March 1997, 29 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 June 2024, Voices in the Laurel Inc reported income of $94k and spending of $91k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $80k to $94k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Voices in the Laurel Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Cave House Museum of Mining and Geology ($94k), Hunterdon County Historical Society ($94k) and TMT Observatory Corporation ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $8,459 against liabilities of $0, net assets of $8,459.