North Carolina Sweetpotato Commission Foundation

Analysis

North Carolina Sweetpotato Commission Foundation is a registered charity in United States, based in Benson, NC. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2023, North Carolina Sweetpotato Commission Foundation reported income of $174k and spending of $105k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $7,149 to $174k (+2339%), an average of +2339% a year. The sharpest change came in the year to June 2023, when income rose by 2339%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Sweetpotato Commission Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Made in New Orleans Foundation Inc ($174k), Wholly Kicks ($174k) and Village of Hope ($174k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $6,926, net assets of $33k.