Sturgeon City of Jacksonville NC

Analysis

Sturgeon City of Jacksonville NC is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in January 2001, 25 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sturgeon City of Jacksonville NC reported income of $508k and spending of $493k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $412k to $508k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sturgeon City of Jacksonville NC sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include German Studies Association ($508k), Benjamin Hershey Memorial Convalescent Home ($508k) and O C C H a Inc ($508k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $215k. At year end it held assets of $977k against liabilities of $18k, net assets of $958k. It reported 43 employees.