Laurinburg Normal & Industrial Institute Inc

Analysis

Laurinburg Normal & Industrial Institute Inc is a registered charity in United States, based in Laurinburg, NC. It received its IRS tax-exemption ruling in October 1953, 73 years ago. 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 2023, Laurinburg Normal & Industrial Institute Inc reported income of $77k and spending of $82k, spending 106% of what it took in. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurinburg Normal & Industrial Institute Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include The Bill Library Asscociation Inc ($77k), Sikh Foundation of Syracuse ($77k) and American Legion Post 56 ($77k).

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 $17k against liabilities of $16k, net assets of $631.