Tiller School of Carteret County

Analysis

Tiller School of Carteret County is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tiller School of Carteret County reported income of $2.5m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $2.5m (+26%), an average of +6.0% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tiller School of Carteret County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include LA Compost ($2.5m), Mount Laurel Library Association Inc ($2.5m) and Veritas Classical Private School Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.1m against liabilities of $1.4m, net assets of $1.7m. It reported 47 employees.