North Carolina Association for the Education of Young Children

Analysis

North Carolina Association for the Education of Young Children is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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 2022, North Carolina Association for the Education of Young Children reported income of $72k and spending of $109k, spending 150% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $609k to $72k (-88%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Association for the Education of Young Children sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include American Political Items Collectors ($72k), Nuhope Alano Inc ($72k) and Road Runners Club of America ($72k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $35k (32% of expenses). Other salaries and wages came to $33k. At year end it held assets of $123k against liabilities of $171k, net assets of -$48k. It reported 2 employees.